SHFE Tin Prices Volatile with Tight Spot Supply of Imported Tin

SHFE Tin Prices Fluctuate Widely; Limited Spot Supply of Imported Tin in the Spot Market [SMM Tin Morning Brief]

Yesterday, SHFE tin prices fluctuated downward during the daytime, with overall prices slightly pulling back. During the night session, prices moved downwards after a higher opening, gradually pulling back to daytime levels. Overall, SHFE tin prices remained at a relatively high level yesterday. Spot market prices fluctuated widely along with SHFE tin prices, but the overall premium and discount levels remained largely unchanged. Yunnan Tin maintained a premium of 1,000 yuan/mt against SHFE tin prices, while deliverable tin ingots had a premium of around 600 yuan/mt against SHFE tin prices. Imported tin ingots, on the other hand, were at a discount of around 700 yuan/mt against SHFE tin prices, but the spot supply of imported tin ingots was tight...