SHANGHAI, Jan. 17 (SMM) – On Tuesday, SHFE 1705 tin dived suddenly to the 60-day moving average at the tail of mid-day trading. During the afternoon trading, SHFE 1705 tin kept falling to RMB 145,510/mt and then fluctuated at around the 60-day moving average. The contract finally closed at RMB 146,840/mt, down RMB 3,890/mt or 2.58%. Trading volumes increased 2,330 to 18,968 lots and positions rose 294 to 13,326. Most commodities dropped sharply on Tuesday.
SHFE 1705 tin will test support at the 60-day moving average and will keep fluctuating for the short term. Besides, market players may enter market at low prices.
![L'IPP américain d'août dépasse les attentes, renforçant les anticipations de hausse des taux ; le contrat d'étain le plus négocié au SHFE passe sous la barre des 410 000 yuans [Revue de midi de l'étain SMM]](https://imgqn.smm.cn/usercenter/gbiCe20251217171750.jpg)
![Le SHFE étain a clôturé à 414 050 (-2,18 %) pendant la nuit, les positions longues et courtes restant prudentes avant la publication des données CPI du 11 septembre [SMM Tin Morning News]](https://imgqn.smm.cn/usercenter/LLUUJ20251217171751.jpeg)
