SHFE tin surged rapidly, with the most-traded contract experiencing a significant increase. The recent strong performance of tin prices is primarily attributed to disruptions in overseas mines. The largest tin mine in the DRC has ceased operations, and a major earthquake occurred in Myanmar at the end of March. The planned resumption meeting for the Manxiang mining area in Wa State, originally scheduled for April 1, was postponed, intensifying market concerns about the recovery of tin ore supply. The ongoing tight supply of ore has driven both domestic and overseas tin prices to new highs.
(As of 11:26 on April 2, SHFE tin price trend)
![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)
