In yesterday's night session, SHFE tin prices opened slightly higher and remained stable, with the overall trend showing slight fluctuations. Nevertheless, downstream enterprises showed increased purchasing enthusiasm WoW, with most companies starting to inquire about prices and make just-in-time procurement, while a few downstream enterprises began preparing for restocking. Smelting enterprises maintained a sentiment to stand firm on quotes at current price levels, with daily quotes leaning higher. Overall, the spot market trading atmosphere improved, and trading volume increased WoW. Most trading enterprises reported daily trading volumes of around one truckload, while a few trading enterprises recorded daily trading volumes of 2-3 truckloads. If SHFE tin prices remain at current levels, the spot market is likely to sustain a relatively active purchasing atmosphere in the future.

![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)
