SHANGHAI, Aug. 17 (SMM) –SHFE 1509 tin opened at RMB 107,590/mt on Monday. The metal fell to RMB 107,060/mt, but then rallied before ending up RMB 190/mt or 0.18% at RMB 107,390/mt. Trading volumes were up 340 lots to 950 lots, and positions were up 54 lots to 1,512 lots. SHFE 1509 tin should test support at RMB 106,300/mt in the short term.

![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)
