Yesterday, the spot tin market saw moderate trading, with trade companies' quotations remaining stable and showing no significant fluctuations. The price range of various domestic brands tin ingots was relatively fixed. Small brand tin ingots and imported tin ingots had a slight discount against the SMM 1# tin ingot price, while delivery brand prices and Yunnan Tin brand tin ingots had a slight premium against the SMM 1# tin ingot price. In yesterday's market, SHFE tin prices fluctuated downward, and during the night session, domestic prices opened low and moved lower, driven by the LME. Some downstream enterprises made small replenishments, while others waited for lower replenishment positions. Regarding trade companies, most had trading volumes of 10-20 mt, with a few achieving volumes of more than two truckloads. Overall, the market trading atmosphere remained active.
![Шанхайская фьючерсная биржа: олово закрылось на отметке 412 910 в ночную сессию, снизившись на 0,70%, поскольку медведи наращивали позиции. Уровень 410 000 оспаривается быками и медведями [SMM Tin Morning News]](https://imgqn.smm.cn/usercenter/reOma20251217171751.jpg)
![Ночью олово на SHFE выросло на 0,76%, превысив 418 000; вероятность повышения ставки в сентябре снизилась до 50,4% [SMM: утренний обзор рынка олова]](https://imgqn.smm.cn/usercenter/JnZMp20251217171752.jpg)

