SHFE 2403 tin contract inched lower overnight and swung on a soft note before closing at 218,070 yuan/mt, down 0.86%.
Yesterday, spot premiums and discounts in domestic spot market for various tin ingot brands were as below. Small brand tin ingots were offered at discounts of 200-800 yuan/mt against SHFE 2403 tin contract, versus discounts of 300 yuan/mt to premiums of 200 yuan/mt for delivery brands, premiums of 300-500 yuan/mt for Yunxi brand, and discounts of 1000-1300 yuan/mt for imported brand tin ingots. Tin prices fell back yesterday, improving downstream willingness to purchase.
![De la noche a la mañana, el estaño en la LME cayó un 1,07%, el estaño en la SHFE cayó un 0,70%; la prima geopolítica y un dólar estadounidense fuerte presionaron los precios del estaño [Noticias matutinas de estaño de SMM]](https://imgqn.smm.cn/usercenter/OXZgp20251217171750.jpg)
![El contrato de estaño más negociado en la SHFE cerró en 412.960, con una caída del 2,47%. La probabilidad de una subida de tipos en septiembre aumentó al 66,9% [Acta de la reunión matutina sobre estaño de SMM]](https://imgqn.smm.cn/usercenter/WPbpj20251217171753.jpg)

