Latest Update in the SMM Tin Market

SMM Tin Futures Review: Ministry of Finance Clarifies "More Proactive" Fiscal Policy Direction, SHFE Tin May Continue to Fluctuate Rangebound at 275,000-283,000 yuan/mt. The most-traded SHFE tin 2504 contract continued to fluctuate downward today, closing at 274,870 yuan/mt, down 1,750 yuan from the previous day, a decrease of 0.63%. The intraday fluctuation range was 273,320-277,300 yuan/mt, and the trading volume decreased by 15% compared to the previous day. The price center remains within the range of 275,000-283,000 yuan/mt...

The London Metal Exchange (LME) released data showing that LME tin inventory first increased and then decreased last week, and continued to decline this week, with the latest inventory level at 3,555 mt. The Shanghai Futures Exchange released data showing that during the week of March 21, SHFE tin inventory accumulated slightly, with weekly inventory increasing by 0.99% to 8,605 mt, reaching a four-month high.

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 25 Mar, 2025