Overview:As of the early morning close of the night session on September 11, the most-traded SHFE tin SN2610 contract settled at 414,050 yuan/mt, down 9,240 or 2.18%, with open interest decreasing by 3,608 lots to 68,600 lots. This reflects a structure of long liquidation and downward pressure, as the previous day's 424,300 lots took profits and the night session declined to 414,000. The 414,000 level served as intraday support, while 420,000, previously a bullish position after the prior close, was breached and turned into strong resistance. Outside China, the market also weakened, with LME tin 3M settling overnight at $54,115/mt, down 2.00%.