SHANGHAI, Jan. 23 (SMM) – SHFE 1705 tin increased slightly on last Friday’s night trading, up to as high as RMB 146,210/mt, and closed at RMB 145,870/mt.
On Monday, SHFE 1705 tin started at RMB 145,600/mt and then fluctuated narrowly. The contract finally closed at RMB 144,820/mt, down RMB 1,510/mt or 1.03%. Trading volumes dropped 598 to 17,298 lots and positions fell 284 to 13,222.
SHFE 1705 tin will remain range-bound trading in a 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)
