[SMM SHFE Tin Brief Review: Sluggish Growth in Orders for Consumer Electronics and Automotive Electronics, Significant Weakening of Purchase Willingness Among Downstream Enterprises] Today, the most-traded SHFE tin contract (SN2507) fluctuated rangebound, opening at 265,100 yuan/mt and closing at 265,150 yuan/mt, with a trading volume of 13.505 billion yuan. Market trading was sluggish, and open interest decreased to 25,600 lots, reflecting the ongoing tug-of-war between bulls and bears near the 265,000 yuan/mt threshold, with a lack of clear direction in the short term.​​Tightening Raw Material Supply​​: The pace of production resumptions at tin mines in Myanmar's Wa region remains uncertain. Additionally, Thailand has suspended the transit of tin ore from Myanmar through its territory since June 4, which is expected to reduce domestic tin ore imports by 500-1,000 mt in June. Affected by the shortage of raw materials and the rainy season, waste tin recycling in Yunnan and Jiangxi, the two major producing regions, has been impacted. As a result, smelters' operating rates have remained low, and the supply of refined tin has continued to tighten.

[Weekly Review of Aluminum Scrap and Secondary Aluminum: Cast Aluminum Alloy Futures Strengthen in First Week of Listing, Spot Prices Encounter Resistance Amid Off-Season Demand Suppression] This week, the domestic aluminum scrap market continued to fluctuate at highs. The spot price of primary aluminum first declined and then rose. As of June 12, the SMM A00 price closed at 20,650 yuan/mt, a significant increase of 400 yuan/mt from last Thursday. Aluminum scrap prices generally followed the upward trend, but there were notable differences among varieties.

[SMM Tin Midday Review: The SHFE tin market is in a "strong reality, weak expectations" tug-of-war phase, with SHFE tin prices likely to remain high and range-bound in the afternoon] This morning, the most-traded SHFE tin contract (SN2506) exhibited a high and range-bound pattern. The opening price was reported at 265,100 yuan/mt, showing a slight fluctuation compared to yesterday's closing price of 265,530 yuan/mt. It closed at 265,140 yuan/mt at midday, down 0.02%. Market trading was relatively sluggish, with open interest slightly decreasing to 25,500 lots, reflecting the ongoing tug-of-war between bulls and bears near the 264,000 yuan/mt threshold.

[SMM Tin Market Brief: Industry orders in downstream sectors such as electronic solder are suppressed by high prices, compounded by the traditional consumption sector entering the off-season]​​​​Tin ore imports restricted​​: Due to the suspension of transportation routes in southern Myanmar by Thailand (starting from June 4) and internal transportation disruptions in Myanmar, China's tin ore imports in June are expected to decrease by 500-1,000 mt (metal content). Additionally, the production resumption in Wa State, Myanmar, is progressing slowly, with the restoration of the power system requiring at least three months, making it difficult to change the tight supply situation of ore in the short term.​​​​Weak traditional demand​​: Industry orders in downstream sectors such as electronic solder and tinplate are suppressed by high prices, with some companies' operating rates falling below 60%.......