SHANGHAI, November 17 (SMM) –Tin SHFE 2312 tin contract fell to 213100 yuan/mt overnight and then rose to 214490 yuan/mt, and closed at 212570 yuan/mt, down 0.55%.
Yesterday, spot premiums and discounts in domestic spot market for various tin ingot brands did not change much. Small brand tin ingots were offered at premiums of 0-500 yuan/mt, versus premiums of 400-800 yuan/mt for delivery brands, premiums of 900-1100 yuan/mt for Yunxi brand, and discounts of 200-800 yuan/mt imported brand tin ingots. Tin prices rebounded slightly after a drop yesterday. The purchasing enthusiasm of downstream companies was still not high. Generally speaking, the volume of transactions in the spot market yesterday increased moderately compared with the day before


