[SMM Tin Flash: The Most-Traded SHFE Tin Contract Hit the Down Limit, Now at 394,890 yuan/mt, Down 12%]

Published: Mar 3, 2026 15:11

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On the afternoon of March 3, the most-traded SHFE tin contract fell rapidly, hitting the 12% daily limit down near the close to settle at 394,890 yuan/mt. Recently, fading macro sentiment combined with rising expectations of an overseas supply recovery led to a swift unwinding of the sentiment premium previously injected by geopolitical conflicts. Market pessimism was released in a concentrated manner. Futures have remained weak since the night session yesterday, with losses continuing to widen during the day, ultimately hitting the limit down.

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