SHFE tin continued to rise during the night session, with downstream enterprises having mostly completed restocking [SMM Tin Morning News Dec 2]

Last Friday, trading in the spot tin market cooled down, with trading enterprises' quotations remaining stable and showing no significant fluctuations. The price range of tin ingots from various domestic brands remained relatively fixed, with small-brand tin ingots and imported tin ingots showing a slight discount against the SMM 1# tin ingot price, while delivery brand prices and Yunnan Tin brand tin ingots showed a slight premium against the SMM 1# tin ingot price. In last Friday's market, tin prices continued to rise, maintaining an upward trend during the night session, while trading activities in the spot market were slightly quieter compared to the beginning of the week. Most downstream enterprises had completed their restocking needs. Regarding trading enterprises, most had trading volumes of 10-20 mt, with a few achieving trading volumes of 1-2 truckloads. Overall, the market trading atmosphere cooled down. In summary, the short-term demand of most downstream enterprises has been largely met, and if tin prices do not fluctuate significantly, the spot market is likely to remain quiet.