During the early trading session last Friday, 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 0-300 yuan/mt over SHFE 2407 tin contract, versus discounts of 200 yuan/mt to premiums of 400 yuan/mt for delivery brands and premiums of 300-600 yuan/mt for Yunxi brand. Last Friday, tin prices traded sideways at high levels, and the price increase inhibited the purchasing willingness of downstream companies. Overall, the spot market transactions were relatively flat last Friday.


