SHANGHAI, Jul. 4 (SMM) – Last night, SHFE 1608 lead started at RMB 13,380/mt and grew to RMB 13,585/mt, to end at RMB 13,420/mt.
SHFE 1608 lead started at RMB 13,420/mt on Monday and ranged RMB 13,300-13,585/mt. The contract closed at RMB 13,440/mt, rising RMB 255/mt or 1.93%. Trading volumes were up 822 to 13,166 lots and positions slipped 70 to 15,986.

![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)
