SHANGHAI, May 17 (SMM) –SHFE 1709 tin was range-bound during Tuesday’s night session, and ended at RMB 141,490/mt.
On Wednesday, SHFE 1709 tin jumped to RMB 143,360/mt on long buying after opening at RMB 141,590/mt. The most active contract ended the day up RMB 2,280/mt or 1.62% at RMB 143,190/mt. Domestic commodity market rose across the board. It remains to be seen whether SHFE tin will sustain gains. SHFE 1709 tin should challenge RMB 144,500/mt during today’s night session.

![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)
