SMM7 March 28:
On the spot market, it is quoted at 146000-150000 yuan / ton today. The tin market in Shanghai rose again, and the average net price rose 5000 yuan / ton. The absolute price is too high, the downstream demand is cold; the increase is large, traders worry about market risk, take a wait-and-see attitude, the overall Shanghai tin spot market turnover is cold. Liter discount, the Shanghai tin 2009 contract Yunxi rose 500 yuan / ton, near Yunzi Pingshui, small card sticker 3000 yuan / ton.
![SHFE tin holds the 410,000 level, inventory drops on both fronts + semiconductor surge continues to confirm tight balance [SMM Tin Morning News]](https://imgqn.smm.cn/usercenter/BBJUa20251217171751.jpg)
![The most-traded SHFE tin contract closed at 413,080 in the night session, climbing above 413,000. With the September rate hike finalized, ore-side hard constraints support consolidation at highs. [SMM Tin Morning Meeting Summary]](https://imgqn.smm.cn/usercenter/nyMyJ20251217171751.jpg)
