SMM Tin Midday Review: DRC Military Aid Rumors Impact SHFE Tin Prices with Limited Fluctuations

SMM Tin Midday Review: DRC Government Recently Seeks US Military Aid, SHFE Tin Prices Fluctuate Rangebound During Daytime

The most-traded SHFE tin 2504 contract maintained a fluctuate rangebound trend in the morning session, closing at 273,900 yuan/mt at noon, down 0.81% from the previous day's settlement price. The intraday trading range was 272,900-276,110 yuan/mt. Open interest slightly decreased by 2,322 lots to 16,500 lots, indicating a wait-and-see attitude among investors. LME tin also fluctuated rangebound, closing at $34,290/mt at noon, up 0.04%.