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  The most-traded SHFE tin contract (SN2602) maintained a fluctuating downward trend before the holiday, stimulating procurement demand from some enterprises. [SMM Tin Morning News]

  The most-traded SHFE tin contract (SN2602) maintained a fluctuating downward trend before the holiday, stimulating procurement demand from some enterprises. [SMM Tin Morning News]

• After experiencing a rapid surge and a significant pullback, tin prices have led to a cautious market sentiment. [SMM Tin Morning Meeting Minutes]

  [SMM Morning Meeting Minutes: Tin Prices Experience Rapid Surge and Sharp Correction, Market Sentiment Turns Cautious]

• Domestic TC Decline Temporarily Halts, Focus on Post-Holiday Consumption Performance [SMM Zinc Morning Comment]

  [SMM Zinc Morning Comment] Last Wednesday, the most-traded SHFE zinc 2602 contract opened at 23,360 yuan/mt. After opening, SHFE zinc rose slightly and touched a high of 23,370 yuan/mt, then fell rapidly below the daily average line as bulls reduced their positions. At the end of the session, SHFE zinc recovered some losses and rose slightly as bears reduced their positions, finally closing down at 23,275 yuan/mt, a decrease of 105 yuan/mt, or 0.45%.

• Chile's Mantoverde Copper Mine Strike, LME Copper Fluctuated and Closed Lower Last Friday [SMM Copper Morning Meeting Minutes]

  SMM Morning Meeting Minutes: On Friday night, LME copper opened at $12,495/mt. After opening, the price center fluctuated upward, reaching a high of $12,559/mt, then fluctuated downward to a low of $12,446.5/mt, before maintaining rangebound fluctuations. Approaching the close, the center moved downward, and it finally closed at $12,460.5/mt, down 0.29%. Trading volume decreased by 6,978 lots to 12,000 lots, and open interest decreased by 2,623 lots to 336,000 lots, primarily driven by long position reductions. On Friday night, the most-traded SHFE copper 2602 contract was closed due to the New Year's holiday, and the night session did not open.

• LME zinc recorded a bullish candlestick, expected to maintain fluctuating trend in the short term [SMM Morning Meeting Summary]

  [SMM Morning Meeting Minutes: LME Zinc Records a Bullish Candlestick, Expected to Maintain Fluctuating Trend in the Short Term] Last Friday, the LME zinc contract opened at $3,116/mt, then fluctuated rangebound around the daily average, touching a low of $3,115/mt. During the session, bears reduced positions, and LME zinc fluctuated upward above the daily average, reaching a high of $3,142/mt before pulling back slightly below the daily average toward the close, ending up at $3,127/mt.