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Founder Futures: Geopolitical Tensions Ease, Tin Prices Rebound and Rise
Geopolitical tensions ease, energy price advantages decline, and market concerns about chip supply decrease. Yesterday, tin prices started to rebound, and today, tin prices opened with an increase of over 5%, returning above 400,000. However, due to ongoing Strait passage uncertainties, tin prices have fallen back below 400,000. If Strait traffic remains smooth in the short term, market optimism about the future could return, and tin prices may rise back to 400,000. However, with large fluctuations in tin prices, market confidence needs to be rebuilt, and in the short term, tin prices are unlikely to return above 450,000. (Chuangye Futures)