SMM, May 21:
Spot market, today's quotation 136500 won 139500 yuan / ton, a small number of downstream enterprises just need to purchase in the morning, some traders are cautious to receive the goods. The overall transaction atmosphere in the Shanghai-tin spot market is generally weak. For the Shanghai tin 2007 contract, the Yunxi rising water is around 4500 yuan / ton, the ordinary Yunzi rising water is around 4000 yuan / ton, and the small brand rising water is around 2000 yuan / ton.
![SHFE Tin Stopped Falling and Rebounded, Closing Up 2.94%, as Macro Headwinds and Bottom Support Pulled in Opposite Directions [SMM Daily Tin Commentary]](https://imgqn.smm.cn/usercenter/CwQfz20251217171750.jpeg)

![SHFE Tin Pulled Back Under Pressure in Early Trading After Rebounding, Spot Transactions Weakened [SMM Tin Midday Commentary]](https://imgqn.smm.cn/usercenter/bYFQn20251217171752.jpg)