Futures Market: This morning, SHFE tin 2407 contract price fluctuated upward, closing at 263,230 yuan/mt at midday, up 0.22%.
Spot Market: This morning, traders' quotations for various domestic tin brands showed little change in premiums and discounts compared to recent days. Small brand tin was quoted at a discount of 300 yuan/mt to a premium of 300 yuan/mt against the 2407 contract, delivery brand was quoted at a discount of 300 yuan/mt to a premium of 400 yuan/mt against the 2407 contract, and Yunxi brand was quoted at a premium of 500-600 yuan/mt over the 2407 contract. There were no spot quotations for imported tin brands. Downstream companies have mostly completed purchases, leaving purchasing willingness weak. Most traders reported relatively flat transactions in the morning.
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