SHANGHAI, Nov. 9 (SMM) – On Tuesday’s night trading, SHFE 1701 tin shot up to RMB 154,180/mt and ended at RMB 151,270/mt.
On Wednesday, SHFE 1701 tin opened at RMB 150,370/mt, and fell to RMB 146,500/mt. But, the most active contract then regained most of lost ground and ended down RMB 350/mt or 0.23% from previous trading day at RMB 149,890/mt. Trading volumes were down 1,738 lots to 59,814 lots, and positions were up 94 lots to 20,036 lots. SHFE 1701 tin should hover around RMB 150,000/mt during the night session.

![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)
