SHANGHAI, Apr. 28 (SMM) – On Thursday’s night trading, SHFE 1709 tin rose after a low opening, and closed at RMB 141,470/mt.
On Friday, SHFE 1709 tin opened at RMB 141,790/mt and hit a high of RMB 142,500/mt. Finally, the contract ended up RMB 1,570/mt or 1.11% at RMB 142,420/mt. Trading volumes were up 2,094 lots to 14,618 lots, and positions were down 168 to 11,512. SHFE 1709 tin will challenge RMB 143,000/mt, but may fall back after reaching this mark.

![US August PPI beats expectations, boosting rate hike expectations; the most-traded SHFE tin contract falls below the 410,000 yuan mark [SMM Tin Midday Review]](https://imgqn.smm.cn/usercenter/gbiCe20251217171750.jpg)
![SHFE tin closed at 414,050 (-2.18%) overnight, with both longs and shorts cautious ahead of the September 11 CPI data release [SMM Tin Morning News]](https://imgqn.smm.cn/usercenter/LLUUJ20251217171751.jpeg)
