Last Friday night, the SHFE most-traded tin contract closed at 274,100 yuan/mt, up 3,570 yuan/mt, an increase of 1.32%.
During last Friday's morning session, spot premiums and discounts in domestic spot market for various tin ingot brands were as below. Small brand tin ingots were offered at premiums of 0 yuan/mt over SHFE 2408 tin contract, versus discounts of 500 yuan/mt to premiums of 200 yuan/mt for delivery brands and premiums of 200 yuan/mt for Yunxi brand. Last Friday morning, SHFE tin prices fluctuated upwards, and downstream producers' willingness to purchase weakened. Some trading companies made scattered transactions. Overall, the spot market cooled down last Friday.


