In the night trading session yesterday, the most-traded SHFE tin contract closed at 273,570 yuan/mt, down 5,160 yuan/mt or 1.85%, with the highest at 275,860 yuan/mt and the lowest at 273,010 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 fell yesterday, and some downstream enterprises placed orders. Transactions were active yesterday.


