SMM7 March 24:
On the spot market, today's quotation is 141000muri 143500 yuan / ton. Compared with yesterday morning, the tin market in Shanghai has risen sharply by about 2000 yuan / ton, and the average net price has risen by 1250 yuan / ton. Spot prices are higher than yesterday, and a small amount downstream just needs to be purchased. The rising water has not reached the satisfactory price of the arbitrage merchants, the willingness of traders to receive goods is not high, and the overall trading atmosphere in the Shanghai-tin spot market is weak. Liter discount, the Shanghai tin 2009 contract Yunxi rise about 500yuan / ton, near Yunzi Pingshui, small brand discount about 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)
