锡：突破历史新高

Group 1: Report Overview - The report is about tin, with the title "Tin: Breaking Through Historical Highs" and the date of January 14, 2026 [1] Group 2: Fundamental Tracking Futures and Spot Data - Futures Prices: The closing price of the Shanghai Tin main contract was 379,330 with a daily increase of 0.64%, and the night - session closing price was 400,300 with a night - session increase of 4.63%. The LME Tin 3M electronic disk closed at 49,145 with a 1.96% increase [2] - Trading Volume and Open Interest: The trading volume of the Shanghai Tin main contract was 470,223, an increase of 187,240 from the previous day, and the open interest was 42,853, a decrease of 7,782. The trading volume of the LME Tin 3M electronic disk was 1,550, an increase of 436, and the open interest was 23,240, an increase of 26 [2] - Inventory and Warehouse - Receipt Data: Shanghai Tin inventory was 6,245, a decrease of 88; LME Tin inventory was 5,930, an increase of 25. The LME Tin cancellation warrant ratio was 6.57%, a decrease of 0.38% [2] Spot and Price Spread - Spot Prices: The SMM 1 tin ingot price was 380,200, an increase of 11,650; the Yangtze River non - ferrous 1 tin average price was 380,000, an increase of 9,700 [2] - Price Spreads: The LME Tin (spot/three - month) spread was - 87, a decrease of 57; the spread between the nearby - month contract and the consecutive first - month contract was 185,150, unchanged; the spread between the spot and the futures main contract was 3,080, a decrease of 14,680 [2] Industry Chain Key Price Data - The price of 40% tin concentrate (Yunnan) was 368,200, an increase of 11,650; the price of 60% tin concentrate (Guangxi) was 372,200, an increase of 11,650; the price of 63A solder bar was 252,250, an increase of 7,000; the price of 60A solder bar was 241,750, an increase of 7,000 [2] Group 3: Macro and Industry News - Global central banks are drafting a statement to support Fed Chairman Powell, expected to be issued in the name of the BIS [3] - Baichuan Intelligence's Wang Xiaochuan said that Baichuan Intelligence plans to launch an IPO in 2027 [3] - The Ministry of Industry and Information Technology aims to have over 450 influential industrial Internet platforms by 2028 [3] - The Chinese Foreign Ministry stated that China's stance on maintaining the stability and security of the global critical mineral industry chain remains unchanged [3] Group 4: Trend Intensity - The tin trend intensity is 1, with the range of [-2, 2] for trend intensity, where - 2 means most bearish and 2 means most bullish [3][4]