SHFE Tin Prices Fluctuated Limitedly, Spot Transactions Thinned

Published: Dec 3, 2021 15:53

Save

SHFE tin 2210 contract stabilised this morning. The upstream smelters weakly held prices firm. The sources of goods were slightly higher than the previous period.

SHANGHAI, Dec 3 (SMM) - SHFE tin 2210 contract stabilised this morning. The upstream smelters weakly held prices firm. The sources of goods were slightly higher than the previous period.

The overall shipments thinned today as the products have no price advantage after smelters’ quotations have been lowered. Premiums might have declined when selling cargoes. The spot transaction prices were unchanged from yesterday. Downstream producers restocked on rigid demand. Some producers held a wait-and-see outlook. There are fixed-price quotations, and premium and discount quotations in the market. The premium quotations have not changed much from yesterday, and the price spread among brands has narrowed. Premiums of Yunxi stood at 11,000-11,500 yuan/mt, Yunzi at 9,500-10,500 yuan/mt and other brands at 9,000-9,500 yuan/mt.

SHFE tin

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

13 hours ago

Data: SHFE, DCE market movement (Mar 17)

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 17 Mar , 2026

13 hours ago

17 hours ago

The Most-Traded Contract’s Center Rebounded Slightly, Market Transactions Softened After Downstream Enterprises Restocked [SMM Tin Midday Commentary]

[SMM Tin Midday Review: The Center of the Most-Traded Contract Rebounded Slightly, and Market Transactions Weakened After Downstream Enterprises Restocked]

17 hours ago

19 hours ago

[SMM Tin Flash: Samsung’s Largest Union Threatens to Strike, Potentially Disrupting Global Chip Supply]

Samsung Electronics' largest union in South Korea warned that chip production could be disrupted if members approve the plan in a strike vote in May. As the world's largest memory chip maker, a strike at Samsung could exacerbate global semiconductor supply bottlenecks. Choi Seung-ho, chairman of the Samsung Electronics Labor Union (SELU), said at the launch of the vote last week: "I expect there will be production disruptions." The vote will continue through Wednesday. Choi Seung-ho said that if labor and management fail to reach an agreement, the union is expected to hold an 18-day strike starting May 21, which could affect about half of the production at the massive semiconductor complex in Pyeongtaek, south of Seoul. The Samsung union is demanding a 7% raise in base pay, the removal of the performance-based compensation cap, currently set at 50% of annual base salary, and the introduction of a bonus pool based on operating profit.

19 hours ago