Yesterday's night session saw the SHFE 2406 tin contract closing at 277,530 yuan/mt, up 5,610 yuan/mt or 2.06%, with a high of 278,000 yuan/mt and a low of 272,030 yuan/mt.
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 0-500 yuan/mt over SHFE 2406 tin contract, versus discounts of 0-500 yuan/mt for delivery brands and premiums of 300-500 yuan/mt for Yunxi brand. Tin prices went up yesterday amid sluggish transactions, and most downstream enterprises placed orders at low prices.


