SHANGHAI, Jul. 6 (SMM) – On Wednesday’s night session, SHFE 1709 tin went down after a low opening, touching the 40-day moving average. On Thursday, SHFE 1709 tin fell further as longs took profit, ending down RMB 1,540/mt or 1.06% at RMB 143,830/mt. SHFE 1709 tin will head down further toward 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)
