[SMM Tin Morning Brief: The Most-Traded SHFE Tin Contract Fluctuated Downward After Opening in the Night Session, and Spot Transactions Were Relatively Sluggish]

[SMM Tin Midday Review: SHFE Tin Fluctuates at Highs on First Trading Day After Holiday, Spot Tin Supply Tight but Demand Yet to Pick Up]

[SMM Tin Morning News: The most-traded SHFE tin contract opened slightly higher in the night session and maintained a high-level sideways trend, with spot cargo transaction willingness showing initial signs of rebound]

[SMM Tin Midday Review: The tin market exhibits a pattern of "strong supply support but weak demand reality," with both SHFE tin and LME tin lacking the momentum for a unilateral breakthrough.] At midday today, the most-traded SHFE tin contract (SN2507) maintained a doldrums pattern, opening at 263,340 yuan/mt, slightly pulling back from the settlement price of the previous trading day. The intraday fluctuation range narrowed to 262,000-264,000 yuan/mt. Trading in the spot market was sluggish, with downstream procurement mainly driven by immediate needs and a strong wait-and-see sentiment. Regarding LME tin, overnight LME tin closed at $32,500/mt, up 0.78%, with technical pressure near the MA60 daily average, intensifying the tug-of-war between longs and shorts in the short term.