Overnight, SHFE 2405 tin contract fell to 248,000/mt and closed at 248,100 yuan/mt, up 0.32%.
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 800-2,000 yuan/mt for SHFE 2405 tin contract, versus discounts of 0-800 yuan/mt for delivery brands and premiums of 200-300 yuan/mt for Yunxi brand. Tin prices remained at highs yesterday, leaving downstream companies on the sidelines. Few deals were heard among traders.


