[SMM Tin Midday Review: SHFE Tin Edges Up 0.52% in Morning Session, LME Tin Prices Stabilize, Supply-Demand Tight Balance Supports High Volatility] On the morning of October 16, 2025, the most-traded SHFE tin contract price showed a pattern of fluctuating at highs. By the midday close, the most-traded SHFE tin contract settled at 281,490 yuan/mt, up 0.52%. Although the SHFE tin 2511 contract closed at 280,070 yuan/mt in the previous night session, down 0.12%, the intraday price demonstrated resilience, supported by the fundamental backdrop of a tight supply-demand balance. On the external market, tin prices on the London Metal Exchange (LME) showed signs of stabilization; overnight, LME tin futures rose by $204 to settle at $35,393/mt, up 0.54%, indicating that the external market was gradually finding support after consecutive adjustments.

[Night Session SHFE Tin Early Morning Report] Futures: The most-traded SHFE tin contract (SN2511) edged up slightly during the night session before pulling back in volatile trading, closing at 281,520 yuan/mt, up 0.53% from the previous trading day. Downstream enterprises remained in a wait-and-see mode.

[SMM Tin Futures Review: SHFE and LME Tin Prices Rebound in Sync, Sustained Supply-Side Constraints Provide Strong Support] On October 16, 2025, the price of the most-traded SHFE tin contract (SN2511) fluctuated at highs. During the night session, the contract opened slightly lower and closed at 280,070 yuan/mt, down 0.12% from the previous day. In daytime trading, the price hovered around the 280,000 yuan/mt mark, with market sentiment recovering slightly in the afternoon. It finally closed at 281,350 yuan/mt, posting a modest gain of 0.34%. In the spot market, spot trades were generally sluggish. Most downstream enterprises had completed stockpiling before the holiday, and high prices further dampened purchase willingness, with only a few companies making rigid replenishments based on orders. Traders reported generally limited transactions, and wait-and-see sentiment prevailed in the market.

[SMM Tin Midday Review: SHFE Tin Prices Fluctuate at Highs, Awaiting Macro Sentiment Shifts and LME Direction] On the midday of October 16, 2025, the most-traded SHFE tin contract price fluctuated at highs. Although the SHFE tin 2511 contract closed at 280,070 yuan/mt in the previous night session, down 0.12%, the intraday price showed resilience supported by a tight supply-demand balance. The midday session temporarily closed at 281,350 yuan/mt, up 0.34%. Meanwhile, LME tin prices showed signs of stabilization, with LME tin settling at $35,393/mt overnight, up $204 or 0.54%, indicating the external market was gradually finding support after consecutive adjustments.

During the night session, SHFE tin prices opened slightly lower. Trading in the spot market remained sluggish. [SMM Tin Morning Update] Futures: The most-traded SHFE tin contract (SN2511) opened slightly lower during the night session and maintained a fluctuating trend, continuing to fluctuate around the 280,000 mark. It closed at 280,070 yuan/mt, down 0.12% from the previous trading day.

[SMM Tin Futures Review: SHFE Tin Continues to Fluctuate at Highs Amid Supply Constraints and Divergent Demand] On October 15, 2025, the most-traded SHFE tin contract (SN2511) showed a consolidating trend during the day session, closing at 281,710 yuan/mt in the afternoon, down 0.15% from the previous day. Overseas, LME tin closed up $210 at $35,500/mt, maintaining a sideways trend, indicating short-term adjustment pressure in the global tin market.

[SMM Tin Midday Review: SHFE Tin Pulls Back from Highs and Trades Under Pressure, Awaits Guidance Amid Weak Supply-Demand Dynamics] On the morning of October 15, 2025, the nonferrous metals sector in the domestic futures market was generally under pressure, with the most-traded SHFE tin contract performing weakly during the session. At the midday close, it settled at 280,660 yuan/mt, down 1,480 yuan or 0.52% from the previous trading day. Meanwhile, LME tin futures retreated slightly after a rapid rise, temporarily closing at $35,465/mt, up $175.

During the night session, SHFE tin prices opened slightly lower and continued to fluctuate rangebound around the 280,000 mark. [SMM Tin Morning Brief] Futures: The most-traded SHFE tin contract (SN2511) opened slightly lower during the night session and maintained rangebound fluctuations, trading around the 280,000 mark, closing at 280,000 yuan/mt, down 0.76% from the previous trading day.

[SMM Tin Midday Review: Supply-Demand Tight Balance Supports Tin Prices Fluctuating at Highs; Short-Term Focus on 280,000 Yuan Support Level] On the midday of October 14, 2025, the price of the most-traded SHFE tin contract hovered around 282,300 yuan/mt. Recently, futures prices have been moving sideways within the range of 281,000-284,000 yuan/mt. LME tin futures also fell by 0.07% to $35,725/mt.

[Night Session SHFE Tin Prices Consolidate at High Levels, Downstream Enterprises Maintain Cautious Purchasing Strategy [SMM Tin Morning Briefing]] Futures: The most-traded SHFE tin contract (SN2511) opened slightly higher and fluctuated with a pullback during the night session, hitting a low of 281,640 yuan/mt and closing at 282,800 yuan/mt, down 0.26% from the previous trading day.