SHFE Tin Prices Pulled Back Overall, Boosting Downstream Enterprises' Purchase Enthusiasm [SMM Tin Midday Review]

2025 January 14 SMM Midday Tin Market Update: In the morning, the price trend of SHFE tin 2502 contract showed some volatility. At the opening, SHFE tin 2502 started at 247,000 yuan/mt, lower than the previous day's settlement price. However, as trading progressed, the price experienced a slight correction. During the morning trading session, the price of SHFE tin 2502 fluctuated mainly around the opening price, reaching a high of 249,000 yuan/mt before pulling back. The balance of power between buyers and sellers was relatively even. By the midday close, the price of SHFE tin 2502 contract stabilized around 248,150 yuan/mt, down from the opening price, with a decline of approximately 1.04%. In terms of trading volume, the morning session was relatively active, reaching 56,550 lots, indicating high market attention to this contract. Regarding open interest, although there were some changes, it remained generally stable, suggesting that traders held differing views on the future trend of SHFE tin 2502, with the balance of power between long and short positions dynamically shifting. Overall, the price trend of SHFE tin 2502 contract in the morning exhibited a pattern of rising first and then falling. The market was actively traded, with a balanced power dynamic between long and short positions. Traders need to closely monitor market dynamics to make more informed trading decisions.