ShouChuang Futures: Geopolitical risks escalate, tin prices pull back, previous trading day's gains

2026-04-05 12:20:48

Latest news this morning: Iran’s “de facto top leader,” Larijani, has confirmed that he was killed. Geopolitical tensions have not eased but escalated instead, and tin prices rebounded—breaking the move. After tin prices opened today, they quickly weakened, giving back the gains from the overnight session. The decline at one point exceeded 4%. If there is no substantive change, tin prices will likely be unable to rebound strongly again, and tin prices are expected to remain weak, with support around 350k. (First Capital Futures)

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