SMM Morning Comment For Tin Market (Sep 11)

SHANGHAI, Sep 11 (SMM) –At last Friday’s night session, SHFE 2310 tin contract price closed at 216,600 yuan/mt, down 1.7%.

Spot premiums and discounts barely changed little on September 8. Small brand tin ingots were offered at premiums of 0-300 yuan/mt, and premiums of 100-500 yuan/mt for delivery brands, premiums of 800-1,100 yuan/mt for Yunxi brand, and discounts of 400-200 yuan/mt for imported brands. Downstream buyers mostly stood on the sidelines, even as tin price fell. Trades were still muted.