SMM7 March 23:
On the spot market, today's quotation is 139500 RMB142500 per ton. The tin market in Shanghai fell about 2000 yuan / ton compared with yesterday morning, and the average net price fell 1000 yuan / ton. Spot prices fell more sharply than yesterday, and buying interest in the lower reaches picked up somewhat. Futures fell, the price competitiveness of value-protected goods increased, and traders shipped better. The overall trading atmosphere in the Shanghai-tin spot market has warmed up compared with a few days ago. Liter discount, the Shanghai tin 2009 contract Yunxi rise about 1000 yuan / ton, near Yunzi Pingshui, small brand discount about 1500 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)
