SHFE 2406 tin contract fell after opening lower last Friday night, closing at 261,350 yuan/mt, down 0.57%. 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 700-1,000 yuan/mt for SHFE 2406 tin contract, versus discounts of 600 yuan/mt to premium of 300 yuan/mt for delivery brands and premiums of 100-500 yuan/mt for Yunxi brand. In early trading last Friday, SHFE 2405 tin contract remained stable. Tin prices rose sharply in the afternoon, and downstream companies buying sentiment was sluggish. Few deals were heard among traders.


