SHFE Tin Prices Rebound Slightly as Downstream Enterprises Await Better Restocking Opportunities [SMM Tin Midday Review]

January 10, 2025, SMM Midday Tin Market Update: On the morning of January 10, 2025, the price of the most-traded SHFE tin 2502 contract in the futures market showed some fluctuations. At the opening, the most-traded SHFE tin 2502 contract started trading at 251,000 yuan/mt, with slight changes compared to the previous trading day's closing price. Shortly after the opening, the price of the most-traded SHFE tin 2502 contract quickly climbed to the day's high of 252,320 yuan/mt, indicating strong demand for tin in the market. From a technical analysis perspective, the most-traded SHFE tin 2502 contract exhibited certain oscillation characteristics in its morning performance. The price repeatedly tested the highs and lows without forming a clear unidirectional trend. This movement may suggest that the market is seeking new directional guidance or awaiting clearer fundamental information.