[SMM Tin Flash: The Most-Traded SHFE Tin Contract Hit the Down Limit, Now at 394,890 yuan/mt, Down 12%]

Published: Mar 3, 2026 15:11

Save

On the afternoon of March 3, the most-traded SHFE tin contract fell rapidly, hitting the 12% daily limit down near the close to settle at 394,890 yuan/mt. Recently, fading macro sentiment combined with rising expectations of an overseas supply recovery led to a swift unwinding of the sentiment premium previously injected by geopolitical conflicts. Market pessimism was released in a concentrated manner. Futures have remained weak since the night session yesterday, with losses continuing to widen during the day, ultimately hitting the limit down.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

Common.Time.minsAgo

Data: SHFE, DCE market movement (Mar 04)

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 04 Mar , 2026

Common.Time.minsAgo

Common.Time.hoursAgo

[SMM Tin Express: Apple’s M5-Series Chips Make a Major Debut, New MacBook Pro Computing Power Achieves a Generational Leap]

Apple (AAPL.O) released the latest 14-inch and 16-inch MacBook Pro models featuring the all-new M5 Pro and M5 Max chips, delivering transformative performance gains and artificial intelligence capabilities to the world’s leading professional laptops. With M5 Pro and M5 Max, MacBook Pro features a new CPU with the world’s fastest CPU cores, a next-generation GPU with a neural accelerator built into every core, and higher unified memory bandwidth; its AI performance improved by up to 4 times over the previous generation and by 8 times compared with M1 models. The new MacBook Pro is available in Space Black and Silver, will begin accepting pre-orders tomorrow (March 4), and will officially go on sale on March 11 (Wednesday).

Common.Time.hoursAgo

The Most-Traded SHFE Tin Contract Rebounded After Hitting the Down Limit; Amid Repeated Swings in Macro Sentiment, the Spot Market Mostly Stayed on the Sidelines [SMM Tin Midday Commentary]

[SMM Tin Midday Commentary: The Most-Traded SHFE Tin Contract Rebounded After Hitting the Down Limit; Amid Repeated Swings in Macro Sentiment, the Spot Market Remained Mostly on the Sidelines]

Common.Time.hoursAgo