SMM7, March 2:
On the spot market, today's quotation is 138000 RMB140500 per ton. After the opening of the Shanghai market, the price rebounded quickly after a slight reduction, which was similar to that of yesterday morning, and the spot price was flat. After the price reduction, the rebound is too fast, and it is still in a high position, and there are fewer goods in the lower reaches, which just need to be purchased. Traders are worried that the downstream consumption gap will lead to poor shipments and a backlog of inventory, taking a wait-and-see attitude. The overall trading atmosphere in the spot market is light. Liter discount, the Shanghai tin 2008 contract set Yunxi rose about 2000 yuan / ton, ordinary cloud word rose about 1000 yuan / ton, small brand near Pingshui.

![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)
