[SMM Tin Midday Review: SHFE Tin Pulls Back from Highs, Tight LME Tin Inventory Supports Cross-Market Price Spread] On July 1, 2025, the most-traded SHFE tin 2508 contract was in the doldrums: it opened at 267,800 yuan/mt, 340 yuan lower than the settlement price of the previous trading day. The intraday fluctuation range remained rangebound between 267,900 yuan/mt and 266,100 yuan/mt. It closed at 266,590 yuan/mt, down 1,550 yuan, or 0.58%. Trading and open interest were sluggish, with strong wait-and-see sentiment in the market. The open interest of the most-traded contract decreased by 1,610 lots.

At the 2025 Indonesia Mining Conference & Critical Metals Conference - Nickel, Cobalt, and NEV Arena, Tobias Maya, President of PT Geo Search, shared insights on the topic of "The Rise of Mining in Southeast Asia: Indonesia at the Forefront of Global Critical Mineral Development, Supporting Renewable Energy Goals."

At the 2025 Indonesia Mining Conference & Critical Metals Conference - Aluminium Industry Forum, Dr. Qingtao Zeng, founder and managing director of Australasian Gold Limited, shared insights on the topic of "High-Quality Bauxite with Strategic Growth Potential in Central Queensland, Australia."

[SMM Commentary on SHFE Tin Futures: The Weak Supply and Demand Pattern Persists, SHFE Tin in the Doldrums, Awaiting Breakthrough] The most-traded SHFE tin contract (SN2508) closed at 268,110 yuan/mt on June 30, down 0.60% (1,620 yuan) intra-day, with the five-day gain narrowing to 2.43%. The intra-day price exhibited characteristics of being in the doldrums, opening lower at 269,630 yuan/mt in the morning session and remaining under pressure, closing near the key level of 268,000 yuan in the afternoon session. The spot market weakened in tandem.

At the 2025 Indonesia Mining Conference & Critical Metals Conference - Aluminum Industry Forum, Melati Sarnita, Business Development Director of PT Indonesia Asahan Aluminium (Persero) (INALUM), shared insights on the topic of "Transforming Southeast Asia into the Future Hub of Global Aluminum and Critical Minerals."

At the 2025 Indonesia Mining Conference & Critical Metals Conference - Aluminum Industry Forum, Hu Guojing, Technical Director of Jiangsu Lvtianhe Energy Conservation and Environmental Protection Technology Co., Ltd., shared insights on the topic of "Carbon-Saving Technology and Detection Standards for Anti-Oxidation Functional Ceramic Coatings on Electrolytic Aluminum Anodes."

At the 2025 Indonesia Mining Conference & Critical Metals Conference - Aluminum Industry Forum, Duncan Hobbs, Director of Industry Research at Concord Resources, shared insights on the topic of "Aluminum Market Preview."