
Yesterday (December 6), Shanghai tin afternoon diving, closed down 3.68%, the night market has been repaired. The overall negative factors are not obvious, or due to the influence of macro mood, the volatility increases at the high level.
At present, the overseas inventory of tin ingots continues to increase, but the whole is still in a low position, and the domestic inventory has declined.
Raw material supply is subject to the epidemic, there is still a lot of uncertainty, but from a realistic point of view, short-term supply and demand is in a more balanced state, capital attention is not high, the futures market may also maintain a high shock situation.

![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)
