First Capital Futures: Myanmar earthquake, tin prices temporarily surged back to 400,000 yuan

K-LinePoet · 2026-02-12T10:23:18+00:00

As panic sentiments ease, tin prices have rebounded. However, the earthquake in Myanmar yesterday has renewed market concerns about tin mine resumption, leading to a strengthening of tin prices. Today, although the opening price of tin broke above 400,000, without further news stimuli, the price faced downward pressure and retreated, with the increase narrowing to around 4%. Currently, tin is in a state of strong reality and strong expectations. Once supply disruptions occur, tin prices are likely to rise. However, due to the current off-season market and high tin prices, inventories continue to increase, creating upward pressure. In the short term, further upward momentum faces significant resistance. (First Capital Futures)

K-LinePoet

2026-02-12 10:23:18

As panic sentiment eases, tin prices have rebounded. However, the earthquake in Myanmar yesterday has renewed market concerns about tin mine resumption, leading to a strengthening of tin prices. Today, although the opening price of tin broke above 400,000, without further news stimuli, tin prices faced downward pressure and retreated, with the increase narrowing to about 4%. Currently, tin is in a state of strong reality and strong expectations. Once supply disruptions occur, tin prices are likely to rise. However, due to the current off-season market and high tin prices, tin inventories continue to increase, creating upward pressure. In the short term, further upward pressure is limited. (First Capital Futures)

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