Last Friday, the most-traded SHFE tin contract closed at 263,110 yuan/mt in the night session, up 5,960 yuan/mt, an increase of 2.32%.
During last Friday's morning session, trading companies' quotes for domestic tin ingot brands showed little change compared to recent days. Small brand tin ingots were quoted at premiums of 0-500 yuan/mt against the SHFE 2410 contract, delivery brand prices at premiums of 200-700 yuan/mt, and Yunnan Tin brand at premiums of 600-900 yuan/mt. Imported tin brands were quoted at discounts of 400-200 yuan/mt against the SHFE 2410 contract. Last Friday morning, tin prices fluctuated at low levels, prompting some downstream and end-users to actively restock. Some trading companies completed transactions of about one truckload, while others completed 2-3 truckloads. Overall, last Friday's spot market remained active.
![Macro headwinds marginally blunt, coupled with active market trading, the most-traded SHFE tin contract rebounds after dipping [SMM Tin Midday Review]](https://imgqn.smm.cn/usercenter/cUElw20251217171752.jpg)
![LME tin inventory 4,890 mt, down 230 mt; September FOMC rate hike almost certain, watch for decision [SMM Tin Morning News]](https://imgqn.smm.cn/usercenter/Ftgzr20251217171751.jpg)
![SHFE tin stabilized at 394,010, down slightly by 0.13%, LME tin inventory decreased by 230 mt to 4,890 [SMM Tin Morning Meeting Summary]](https://imgqn.smm.cn/usercenter/iLVGs20251217171753.jpg)
