In the night trading session yesterday, the most-traded SHFE tin contract closed at 282,190 yuan/mt, up 2,150 yuan/mt or 0.77%, with the highest at 282,650 yuan/mt and the lowest at 277,300 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 800-1,300 yuan/mt over SHFE 2407 tin contract, versus discounts of 0-1,300 yuan/mt for delivery brands and discounts of 1,000 yuan/mt to premiums of 300 yuan/mt for Yunxi brand. Tin prices continued to climb yesterday, and transactions in the spot market were relatively thin.


