SMM Tin Midday Review: SHFE Tin Prices Edge Up, Spot Market Quiet, Myanmar Resumption in Sight

게시됨: Mar 13, 2025 11:13

[SMM Tin Midday Review: SHFE Tin Price Center Remains at 265,000 Yuan/mt, Spot Market Stays Quiet] The most-traded SHFE tin SN2504 contract closed at 265,100 yuan/mt, up slightly by 0.46% (+1,220 yuan/mt) compared to the previous trading day. The intraday price center remained near 265,000 yuan/mt, showing a high-level fluctuation pattern. After a slight dip at the opening, prices rebounded, with open interest increasing by 856 lots to 30,800 lots, indicating gradually active market trading. Spot premiums and discounts remained low, reflecting limited actual demand support.

Myanmar Resumption Expectation: The process for obtaining a production resumption permit for Wa State tin mines has been announced, and the market expects tin concentrate supply to gradually ease in the future. However, the actual resumption timeline remains uncertain.

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