SHFE 2404 tin contract fell to 223,650 yuan/mt and closed at 223,620 yuan/mt, down 1.18%.
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 300-600 yuan/mt over SHFE 2404 tin contract, versus discounts of 600 yuan/mt to premiums of 200 yuan/mt for delivery brands, premiums of 400-500 yuan/mt for Yunxi brand, and discounts of 1,400 yuan/mt for imported brand tin ingots. Tin prices were stable yesterday. Inquiries from downstream and terminal market picked up. Few deals were heard among traders.


