全球金属狂热停不下来!“神铜”疯完轮到“狂锡” LME锡价突破5.1万美元创历史新高

Group 1 - LME tin prices have surpassed $51,000 per ton, continuing a three-year bull market driven by strong demand from the global electronics industry and significant investments in AI infrastructure and data centers [1] - On Wednesday, LME tin prices rose by 4.3% to reach $51,675 per ton, breaking the previous record set in 2022, which was fueled by increased demand during the COVID-19 pandemic [1] - The price of tin has increased by over 25% since the beginning of 2026, with a nearly 40% rise in the previous year, largely due to a surge in Chinese investor activity in the global metals market [1] Group 2 - Shanghai tin prices have also reached a new historical high, increasing by approximately 9% to 413,170 yuan per ton (about $59,212), reflecting a significant influx of capital into the Chinese stock market [2] - The global tin market is closely monitoring supply conditions in Indonesia, the second-largest tin producer, where military actions against illegal mining have impacted supply [2] - LME tin inventories have risen to their highest level in 11 months, indicating that there is currently no extreme supply tightness in the tin market [2] Group 3 - The recent surge in industrial metal prices, including tin, is attributed to a combination of factors such as the recovery in global demand, the electrification transition, and unprecedented AI infrastructure needs [3] - Goldman Sachs has raised its copper price forecast for the first half of 2026 due to supply tightness outside the U.S., which is also affecting the pricing dynamics of other metals like tin [3][4] - The demand for copper, driven by large-scale AI data center construction, is creating a ripple effect that is benefiting tin prices as well [5] Group 4 - The structural demand for tin is closely linked to its use in the electronics industry, particularly in soldering applications, which are essential for AI and data center developments [6] - Despite the lack of physical supply tightness, speculative buying and market expectations have contributed to the upward pressure on tin prices [6] - The overall market sentiment is shifting towards industrial metals, with tin being seen as the next beneficiary after copper's recent price increases [5][6]