[SMM Tin Midday Review: The Most-Traded SHFE Tin Contract Remained in the Doldrums, Tin Prices Expected to Lack Trend-Driven Movement] On November 4, 2025, the most-traded SHFE tin 2512 contract opened lower at 285,500 yuan/mt and remained in the doldrums during the morning trading session. By the midday break, the price hovered around 284,060 yuan/mt, down 1,560 yuan from the previous day's settlement price. Overnight, LME tin closed at $35,915/mt, falling $265, or 0.73%. During today's Asian trading hours, it fluctuated around the $36,000/mt mark, with resistance seen near $36,050/mt.

Spot market trading was sluggish. Tin prices fluctuated slightly downward during the night session. [SMM Tin Morning Brief] Futures: The most-traded SHFE tin contract (SN2512) fluctuated slightly downward during the night session, closing at 284,900 yuan/mt, down 0.25% from the previous trading day.

[SMM Tin Midday Review: The Most-Traded SHFE Tin Contract Price Fluctuated at Highs; Upward Momentum Weakened in the Afternoon] This morning, the most-traded SHFE tin contract fluctuated at highs. During the night session, the SHFE tin 2512 contract closed at 285,000 yuan/mt, up 0.44% from the previous day. In today's early session, the most-traded 2512 contract opened at 285,580 yuan/mt, with futures maintaining high levels throughout the morning. By the midday close, the price hovered around 284,920 yuan/mt. On the LME side, the three-month tin contract closed at $36,180/mt overnight, rising 1.29%, indicating that the overseas market was also boosted by macro sentiment.

During the night session, SHFE tin opened higher and hovered at highs, with downstream enterprises generally showing fear of high prices. [SMM Tin Morning Brief] Futures: The most-traded SHFE tin contract (SN2512) opened higher during the night session and fluctuated at highs, closing at 285,000 yuan/mt, up 0.44% from the previous trading day.

[ SMM Morning Meeting Minutes: Last Week, the Domestic and Overseas Tin Market Showed an Overall Fluctuating Trend at Highs, and SHFE Tin Prices Are Expected to Maintain Their Current Levels in the Short Term. ]

[SMM Tin Midday Review: The Most-Traded SHFE Tin Contract Price Fluctuates Upward, Tight Supply Provides Solid Support] On the midday of October 30, 2025, the most-traded SHFE tin 2512 contract fluctuated downward, with its price hovering around 285,000 yuan/mt by the midday close.

Night session SHFE tin prices remain in the doldrums spot market transactions slightly recover [SMM Tin Morning Brief] Futures: The most-traded SHFE tin 2512 contract remained in the doldrums during the night session closing at 282,840 yuan/mt down 0.65% from the previous trading day.

[SMM Tin Midday Review: Powell Clearly Stated That Another December Interest Rate Cut Is "Not Set in Stone," Tin Prices May Maintain a Fluctuating Trend in the Short Term] On the midday of October 30, 2025, the most-traded SHFE tin 2512 contract showed a fluctuating downward trend, with prices hovering around 285,000 yuan/mt by the midday close.

[Night Session SHFE Tin Early Morning Report] Futures: The most-traded SHFE tin 2511 contract opened slightly lower in the night session and remained in the doldrums, closing at 285,420 yuan/mt, down 0.29% from the previous trading day. Trading in the spot market was sluggish.

[SMM Tin Midday Review: SHFE Tin Fluctuates at Highs Awaiting US Fed Meeting Guidance; Market Logic Centers on "Supply Hard Constraint"] On the midday of October 29, 2025, the most-traded SHFE tin 2512 contract showed a pattern of consolidation within a high range. By the midday close, the contract opened at 284,880 yuan/mt, reached a high of 287,390 yuan/mt, and fell to a low of 284,690 yuan/mt. Current market trading was active, with a trading volume reaching 60,265 lots.