SHANGHAI, Oct. 24 (SMM) – Last Friday’s night trading, SHFE 1701 tin opened at RMB 131,970/mt and ended at RMB 131,710/mt.
On Monday, SHFE 1701 tin opened at RMB 131,710/mt, and ended up RMB 370/mt or 0.28% from previous trading day at RMB 132,350/mt. Trading volumes were down 18,606 lots to 18,560 lots and positions were down 166 to 20,172. SHFE 1701 tin should challenge resistance at RMB 134,000/mt.

![The Most-Traded SHFE Tin Contract Opened Lower and Then Traded Stronger, Spot Market Recovers Amid Downtrend [SMM Tin Midday Review]](https://imgqn.smm.cn/usercenter/WWXJU20251217171753.jpg)
![The most-traded SHFE tin contract fluctuated rangebound during the night session, with downstream enterprises mostly following up with small-lot transactions. [SMM Tin Morning Brief]](https://imgqn.smm.cn/usercenter/bYFQn20251217171752.jpg)
