SHFE Tin Opened Higher and Remained Stable in the Night Session; Spot Market Trading Rebounded [SMM Morning Tin Brief Dec 17]

In yesterday's night session, SHFE tin prices opened slightly higher and remained stable, with the overall trend showing slight fluctuations. Nevertheless, downstream enterprises showed increased purchasing enthusiasm WoW, with most companies starting to inquire about prices and make just-in-time procurement, while a few downstream enterprises began preparing for restocking. Smelting enterprises maintained a sentiment to stand firm on quotes at current price levels, with daily quotes leaning higher. Overall, the spot market trading atmosphere improved, and trading volume increased WoW. Most trading enterprises reported daily trading volumes of around one truckload, while a few trading enterprises recorded daily trading volumes of 2-3 truckloads. If SHFE tin prices remain at current levels, the spot market is likely to sustain a relatively active purchasing atmosphere in the future.