SHANGHAI, December 20 (SMM) –
SHFE 2401 tin contract fell to 209210 yuan/mt overnight, and closed at 208800 yuan/mt, up 0.5%.
Yesterday, 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 0-200 yuan/mt over SHFE 2401 tin contract, versus premiums of 200-800 yuan/mt for delivery brands, premiums of 1000-1100 yuan/mt for Yunxi brand, and discounts of 500-800 yuan/mt imported brand tin ingots. Tin prices continued to rise yesterday, and traders reported that downstream companies placed more orders at low prices.
SHFE 2401 tin contract fell to 209210 yuan/mt overnight, and closed at 208800 yuan/mt, up 0.5%.
Yesterday, 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 0-200 yuan/mt over SHFE 2401 tin contract, versus premiums of 200-800 yuan/mt for delivery brands, premiums of 1000-1100 yuan/mt for Yunxi brand, and discounts of 500-800 yuan/mt imported brand tin ingots. Tin prices continued to rise yesterday, and traders reported that downstream companies placed more orders at low prices.
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