SHFE 2405 tin prices continued to decline last Friday night, closing at 224,810 yuan/mt, down 0.59%.
Last Friday, 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 800-1,100 yuan/mt for SHFE 2405 tin contract, versus discounts of 0-800 yuan/mt for delivery brands, premiums of 0-100 yuan/mt for Yunxi brand, and discounts of 1,000 yuan/mt for imported brand tin ingots. Tin prices rose sharply last Friday, leaving downstream companies on the sidelines. Few deals were heard among traders.


