Yesterday, the most-traded SHFE tin contract closed at 253,690 yuan/mt, up 330 yuan/mt, an increase of 0.13%, with a high of 255,280 yuan/mt and a low of 252,700 yuan/mt.
During yesterday's morning session, trading companies' quotations for various domestic tin ingot brands showed little change compared to recent days. Small brand tin ingot was quoted at a premium of 0-200 yuan/mt against the SHFE 2411 contract, delivery brand at a premium of 200-600 yuan/mt against the SHFE 2411 contract, Yunnan tin brand at a premium of 600-800 yuan/mt against the SHFE 2411 contract, and imported tin brand at a discount of 700 yuan/mt against the SHFE 2411 contract. Yesterday, tin prices fluctuated rangebound, and most downstream companies adopted a wait-and-see attitude. Most trading companies had sporadic transactions, with a few trading companies transacting around one truckload. Overall, the spot market transactions were relatively sluggish yesterday.
![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)
