SMM, 28 April:
Spot market, this morning the mainstream transaction price 133000-136000 yuan / ton, Shanghai tin plate center of gravity in the morning compared with yesterday moved down, the range of spot rising range is limited. In terms of transactions, downstream enterprises are relatively weak, and some traders have purchased. Shanghai tin spot market overall transaction atmosphere is general. Shanghai tin 2006 contract set Yunxi rising water 4000-4500 yuan / ton, ordinary cloud word rising water 2500-4000 yuan / ton, small brand rising water 2000 yuan / ton.

![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)
