Overnight, SHFE 2406 tin contract rose sharply and then fell, closing at 261,540 yuan/mt, up 0.74%.
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 300-1,000 yuan/mt for SHFE 2406 tin contract, versus discounts of 0-1,000 yuan/mt for delivery brands and discounts of 100-300 yuan/mt for Yunxi brand. In yesterday's early trading, SHFE 2405 tin contract remained stable. Downstream companies buying sentiment performed well.


