SMM Tin Futures Summary: Hawkish US Fed Curbs Risk Appetite, SHFE Tin 2504 Drops 0.36%

Published: Mar 20, 2025 17:17

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SMM Tin Futures Brief: US Fed's Hawkish Stance Suppresses Risk Appetite, the Most-Traded SHFE Tin 2504 Contract Closes Down 0.36% Testing Technical Support

The most-traded SHFE tin 2504 contract fluctuated downward today. At the close, the price was 280,360 yuan/mt, down 0.36% from the previous settlement. The intraday trading range was 276,840-281,310 yuan/mt, with a fluctuation of 1.6%, indicating intense tug-of-war between longs and shorts. The turnover reached 37.876 billion yuan, and the open interest decreased by 2,462 lots to 23,701 lots. Net capital outflow amounted to 86.9357 million yuan, reflecting cautious market sentiment. In the overseas market, LME tin experienced minor fluctuations due to US Fed policy but did not break through key resistance levels, and the price spread between domestic and overseas markets remained high.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

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