SMM Tin Midday Update: SHFE Tin 2501 Contracts Drop Over 2%, Spot Market Shows Signs of Bouncing Back

Publicado: Dec 19, 2024 13:17

[SMM Tin Midday Review: SHFE Tin Prices Fell Over 2%, Spot Market Showed Signs of Recovery]

During the morning trading session, the most-traded SHFE tin 2501 contract exhibited a clear downward trend. Influenced by the decline in the US dollar index and a broad fall across the global metals market, SHFE tin prices faced significant downward pressure. Specifically, as of the midday close, the price of the most-traded SHFE tin 2501 contract recorded a substantial decline, dropping over 2% compared to the previous trading day's settlement price. This decline was relatively notable within today's domestic base metals market. The market trading sentiment was somewhat affected...

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