Snapshot: Tin spot market in Shanghai

SHANGHAI, Mar 16 (SMM) – Tin traded weakly, with trades heard at 143,500-145,000 yuan/mt as spot discounts narrowed on the morning of Friday March 16, SMM learned.

Yunxi brand was offered at a discount of 300-0 yuan/mt against the SHFE tin 1804 contract, with the common brands from Yunnan province at a discount of 800 yuan/mt. Some smaller brands fell to around 143,300 yuan/mt.

Trades were active when SHFE tin slumped overnight, some traders said.

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