[SMM Tin Midday Review: US Dollar Index Shows Recent Strength, SHFE Tin Prices Fluctuate Downward Slightly] During the midday session on September 4, 2025, the most-traded SHFE tin 2510 contract exhibited a downward fluctuation pattern. The contract opened lower at 272,830 yuan/mt, down 280 points from the previous day's settlement price. It briefly rebounded to around 274,100 yuan/mt during the session but lacked sufficient upward momentum, generally fluctuating near the 273,000 yuan/mt pivot level. Market trading sentiment turned cautious, with both trading volume and open interest showing contraction.

The US Fed will hold a payment innovation conference on October 21. SHFE tin prices maintained high-range consolidation [SMM Tin Morning Brief] Futures: The most-traded SHFE tin 2510 contract edged higher to 274,000 yuan/mt during the night session, then maintained a fluctuating trend, closing at 273,600 yuan/mt, up 0.21% from the previous trading day.

[SMM Tin Midday Review: SHFE Tin Fluctuates at Highs Amid Weak Supply and Demand, Strong Wait-and-See Sentiment Prevails] On the midday of September 3, 2025, the most-traded SHFE tin contract (2510) showed a downward fluctuation pattern. The contract opened at 273,980 yuan/mt, down 380 yuan from the previous day, briefly rebounding above 274,500 yuan/mt during the session but subsequently struggling to rise, ultimately closing at 272,600 yuan/mt with a 0.64% decline. Market trading atmosphere turned noticeably cautious, with both trading volume and open interest showing contraction.

Futures: LME copper opened at $9,873.5/mt overnight, initially touched a low of $9,851/mt at the beginning of the session, then rose all the way and touched a high of $10,015/mt near the end of the session, finally closed at $10,013.5/mt, up 1.4%, with trading volume reaching 26,000 lots and open interest reaching 277,000 lots.

Trump: Emergency Meeting on Tariff Ruling to Be Held Wednesday SHFE Tin Prices Bottom Out and Rebound [SMM Tin Morning Brief] Futures: The most-traded SHFE tin 2510 contract plunged to 272,000 yuan/mt during the night session before bottoming out and gradually rebounding to 274,000 yuan/mt, closing at 274,100 yuan/mt, down 0.08% from the previous trading day.

[SMM Tin Midday Review: Expectations for US Fed Interest Rate Cut in September Continue to Build Up, SHFE Tin Continues to Fluctuate at Highs] On the morning of September 2, 2025, the most-traded SHFE tin 2510 contract opened lower at 273,500 yuan/mt and hovered at highs during the session. By midday, it closed at 274,360 yuan/mt, rising slightly from the previous trading day's settlement price, with intraday volatility reflecting the market's repeated tug-of-war between macro optimism and weak fundamentals. Overnight, LME tin closed at $35,060/mt, up 0.31%, but during today's Asian trading hours, LME e-tin came under pressure and pulled back, with the latest price at $34,895/mt, down 0.47%, indicating cautious trading in overseas markets.

Overnight, LME copper opened and touched a high of $9,916.5/mt before fluctuating downward to close at the day's low of $9,875/mt, down 0.31%, with trading volume at 10,000 lots and open interest at 269,000 lots.

Overall wafer toll processing capacity utilization rate and shipments may strengthen in Q3. SHFE tin prices edged up [SMM Tin Morning Brief] Futures: The most-traded SHFE tin 2510 contract rose slightly to 275,000 yuan/mt during the night session, then maintained a fluctuating trend around 274,000 yuan/mt before closing at 274,300 yuan/mt, up 0.2% from the previous trading day.

[SMM Tin Futures Review: Weak Supply and Demand Persists, Supply Disruptions Remain Core Contradiction in Tin Market] On September 1, 2025, the most-traded SHFE tin 2510 contract remained in the doldrums, with futures under sustained pressure in the afternoon session. It ultimately closed at 273,240 yuan/mt, down 2,570 yuan (0.93%) from the previous trading day. The intraday trading range was 271,540-279,010 yuan/mt, with the settlement price at 273,770 yuan/mt. Trading volume reached 146,445 lots, while open interest declined by 10,315 lots to 35,983 lots, indicating heightened risk-averse sentiment among investors. Meanwhile, LME tin prices also retreated, with the three-month LME tin contract settling at $34,865/mt, down $85 (0.24%). The session's high and low stood at $35,150 and $34,760 respectively, reflecting cautious trading in overseas markets.

[SMM Tin Midday Review: Domestic September-October Peak Season Demand Yet to Materialize, SHFE Tin May Extend Fluctuating Trend] At midday on August 28, 2025, the most-traded SHFE tin 2510 contract settled at 272,540 yuan/mt, up 1,210 yuan (0.45%) from the previous settlement. Prices fluctuated rangebound at elevated levels during the session, moving between 270,800-272,860 yuan/mt, with cautious market sentiment and mildly expanding trading volume. Meanwhile, LME three-month tin maintained strength at $34,560/mt, gaining $50 (0.14%) on the day, while showing initial signs of inventory buildup though absolute levels remained at yearly lows.