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.

![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)
