SHFE Tin Prices Edge Higher Overnight Amid Market Fluctuations and Macroeconomic Developments

SHFE tin prices experienced a modest uptick during the overnight trading session, with analysts suggesting that price fluctuations might persist in the near term. The recent market activity is influenced by macroeconomic developments, including regulatory efforts and trade negotiations. The Ministry of Industry and Information Technology recently convened a meeting to accelerate the adoption of new standards for electric bikes and to streamline the rollout of new vehicle models, emphasizing the urgency for producers to comply and increase supply to meet market demand. On the trade front, the United States has indicated that tariffs are largely finalized and unlikely to change in current negotiations. Meanwhile, Canada and Switzerland are exploring options to negotiate reductions in tariffs, with discussions expected to take place soon. In the futures market, the most actively traded SHFE tin contract (SN2509) opened slightly higher, closing at approximately 266,300 yuan per metric ton—a 0.8% increase from the previous day—within a range of fluctuation. Fundamentally, supply-side disruptions are evident, with tin ore supply tightening in key regions like Yunnan, where some smelte...