Economic Observation Network According to CCTV Finance, we often say that rarity is precious. In the world of metals, there is a type of metal called tin, which has the characteristics of good conductivity, low melting point, and strong soldering stability. It has become a key basic material in advanced semiconductor packaging processes. The stronger the computing power, the denser the chip stacking, and the greater the tin consumption, so it is called "computing power metal".

With the rapid development of the artificial intelligence industry, the price of tin metal has seen a significant increase, rising from 300000 yuan per ton in November last year to around 420000 yuan per ton currently, a 40% increase in six months and at a historical high. What kind of supply-demand changes in the industry are reflected behind the high tin prices? Let's take a look at the journalist's investigation in Yunnan, Guangxi and other places.

At the finished product warehouse of this tin smelting plant located in Laibin, Guangxi, the reporter saw that the staff were transporting bundles of one ton of finished tin ingots onto trucks. After completing the inspection, these tin ingots were about to be sent to downstream enterprises.

Meng Bin, Deputy General Manager of Guangxi Laibin Huaxi Smelting Co., Ltd.:This car has 32 tons of tin ingots, and sales are still quite tight.

Meng Bin told reporters that due to the strong demand for tin from downstream enterprises, their production lines are currently operating 24 hours a day without interruption.

The production and sales of the smelting end are prosperous, but the upstream mining is difficult to increase rapidly. The reporter arrived in YunnanGejiuThe head of the Datun Tin Mine told reporters that the production capacity of the tin mine is strictly constrained by the mining system and safety regulations, and balanced mining is maintained throughout the year. Even if downstream demand surges, it cannot expand production quickly.

It is understood that China is the world's largest producer and consumer of refined tin, but due to factors such as the decline in the grade of domestic tin ore resources, about two-thirds of the tin ore used for smelting in China currently relies on imports.

Since last year, tin producing countries such as Myanmar, Indonesia, and the Democratic Republic of Congo have been affected by export restrictions, geological disasters, and other factors, resulting in a shortage of tin supply. The industry generally believes that the rise in tin prices will be a long-term trend in the next one to two years.

Analysts believe that in the medium to long term, tin, as a 'computing power metal',PriceHaving a solid upward support foundation.

Fubao Information Analyst He Qian：AI、 New demands such as optical modules are one of the core driving forces behind the long-term upward trend of tin prices. The overall price center of tin metal remains at a historical high.