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SHFE tin Prices Strengthened Overall; Spot Tin Tightened by Year-End [SMM Tin Midday Review]
Dec 30, 2024, at 11:54 am
[SMM Tin Midday Review: SHFE Tin Prices Strengthened Overall, Spot Cargo Tightened by Year-End] This morning, the SHFE tin market exhibited a fluctuating trend. The most-traded SHFE tin contract opened at 242,000 yuan/mt. However, the market subsequently experienced a series of fluctuations, reflecting differing views and trading strategies among investors in the tin market. During the morning session, SHFE tin prices dipped slightly before rebounding quickly. The latest data showed that the price of the most-traded SHFE tin contract was around 247,000 yuan/mt, up from the opening price...
December 30, 2024, SMM Midday Tin Market Update: This morning, the SHFE tin market exhibited a fluctuating trend. The most-traded SHFE tin contract opened at 242,000 yuan/mt. However, the market subsequently experienced a series of fluctuations, reflecting differing views and trading strategies among investors regarding the tin market. During the morning session, SHFE tin prices saw a slight dip followed by a quick rebound. The latest data showed that the price of the most-traded SHFE tin contract was around 247,000 yuan/mt, marking an increase from the opening price. This indicates that despite some market uncertainties, investors remain relatively optimistic about the long-term trend of tin prices. Overall, the most-traded SHFE tin contract performed positively today, with further short-term upside potential. Investors should pay attention to changes in market sentiment and relevant fundamental information to formulate appropriate trading strategies. » Subscribe to view SMM historical spot metal prices.
