SMM, July 8:
The main 2009 contract of tin in Shanghai opened at 140420 yuan / ton last night, and the overall night trading showed a trend of rising first and then suppressing it. After opening, it mainly fluctuated upward under the influence of bulls, reaching the intraday high of 141680 yuan / ton, rebounding somewhat after reaching the peak, and rebounding in late trading. Opened at 141240 yuan / ton in the morning, the bulls left slightly after the opening, and the Shanghai tin concussion rebounded after falling to 140520 yuan / ton. The bulls left the market slightly in the afternoon, the tin concussion went down in Shanghai, and the short exit price rebounded in late trading, closing at 141150 yuan / ton, up 20 yuan / ton, or .001%. 27777 lots, 30599 positions, a decrease of 741 hands, the physical part is located near the five-day moving average, and the upper pressure is expected to be around 142500 yuan / ton.
![US August PPI beats expectations, boosting rate hike expectations; the most-traded SHFE tin contract falls below the 410,000 yuan mark [SMM Tin Midday Review]](https://imgqn.smm.cn/usercenter/gbiCe20251217171750.jpg)
![SHFE tin closed at 414,050 (-2.18%) overnight, with both longs and shorts cautious ahead of the September 11 CPI data release [SMM Tin Morning News]](https://imgqn.smm.cn/usercenter/LLUUJ20251217171751.jpeg)
![SHFE tin daytime session +1.87%, night session -2.18%, September rate hike probability rises to 69.8% [SMM Tin Morning Meeting Summary]](https://imgqn.smm.cn/usercenter/fMkfI20251217171752.jpg)
