SHANGHAI, Jun. 16 (SMM) –On Friday, SHFE 1709 tin rose to RMB 146,200/mt, but then fell back. Finally, the most active contract ended up RMB 460/mt or 0.32% at RMB 145,600/mt. Trading volumes decreased 4,826 lots to 15,758 lots, and positions increased 120 lots to 21,356 lots. SHFE 1709 tin will test resistance at RMB 146,000/mt in the short term.

![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)
