[SMM Commentary on SHFE Tin Futures: The Weak Supply and Demand Pattern Persists, SHFE Tin in the Doldrums, Awaiting Breakthrough] The most-traded SHFE tin contract (SN2508) closed at 268,110 yuan/mt on June 30, down 0.60% (1,620 yuan) intra-day, with the five-day gain narrowing to 2.43%. The intra-day price exhibited characteristics of being in the doldrums, opening lower at 269,630 yuan/mt in the morning session and remaining under pressure, closing near the key level of 268,000 yuan in the afternoon session. The spot market weakened in tandem.