SHANGHAI, May 11 (SMM) –SHFE 1709 tin climbed to RMB 141,870/mrt after opening at RMB 141,510/mt during Wednesday’s night session, but then fell back to RMB 140,050/mt. Finally, the contract ended at RMB 140,690/mt.
On Thursday, SHFE 1709 tin jumped to RMB 141,500/mt after opening at RMB 140,490/mt. The contract fell back later, but then rebounded on long buying, ending at an intraday high of RMB 142,250/mt, up RMB 450/mt or 0.32%. Trading volumes were up 4,240 lots to 17,502 lots, and positions were up 484 to 13,986. SHFE 1709 tin should challenge RMB 142,500/mt during today’s night session, with solid support at RMB 141,000/mt.
![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)
