SHANGHAI, Aug. 14 (SMM) – SHFE 1510 lead started Thursday evening at RMB 13,310/mt and finally closed down RMB 45/mt at RMB 13,315/mt with the session high at RMB 13,385/mt.
SHFE lead touched RMB 13,375/mt after the open of Friday trading session but later fell back as the People’s Bank of China said Thursday that there’s no basis for depreciation to persist and that it will step in to control large fluctuations. The contract ended the day at RMB 13,215/mt, down by RMB 145/mt. Trading volumes came in at 4,536 lots with positions down 458 to 18,250.

![The Most-Traded SHFE Tin Contract Opened Lower and Then Traded Stronger, Spot Market Recovers Amid Downtrend [SMM Tin Midday Review]](https://imgqn.smm.cn/usercenter/WWXJU20251217171753.jpg)
![The most-traded SHFE tin contract fluctuated rangebound during the night session, with downstream enterprises mostly following up with small-lot transactions. [SMM Tin Morning Brief]](https://imgqn.smm.cn/usercenter/bYFQn20251217171752.jpg)
