SHANGHAI, Oct. 19 (SMM) –LME tin fell on short selling, and will drop further to USD 19,900-20,300/mt today. SHFE 1801 tin fell to RMB 144,410/mt and then rallied to RMB 145,400/mt during Wednesday’s night session, ending at RMB 144,860/mt. The contract will hover at lows of RMB 144,500-146,000/mt today.
In Shanghai spot market, mainstream traded prices will be RMB 142,500-144,500/mt today. Supply of cheap goods will be tight, and spot discounts will narrow.
![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)
