SHFE tin Prices Strengthened Overall; Spot Tin Tightened by Year-End [SMM Tin Midday Review]

December 30, 2024, SMM Midday Tin Market Update: This morning, the SHFE tin market exhibited a fluctuating trend. The most-traded SHFE tin contract opened at 242,000 yuan/mt. However, the market subsequently experienced a series of fluctuations, reflecting differing views and trading strategies among investors regarding the tin market. During the morning session, SHFE tin prices saw a slight dip followed by a quick rebound. The latest data showed that the price of the most-traded SHFE tin contract was around 247,000 yuan/mt, marking an increase from the opening price. This indicates that despite some market uncertainties, investors remain relatively optimistic about the long-term trend of tin prices. Overall, the most-traded SHFE tin contract performed positively today, with further short-term upside potential. Investors should pay attention to changes in market sentiment and relevant fundamental information to formulate appropriate trading strategies. » Subscribe to view SMM historical spot metal prices.