SHANGHAI, November 20 (SMM) –SHFE 2312 tin contract fell to 208650 yuan/mt at last Friday’s night session and closed at 208400 yuan/mt, down 2.55%.
During the early trading last Friday, 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 0-300 yuan/mt, versus premiums of 400-700 yuan/mt for delivery brands, premiums of 900-1100 yuan/mt for Yunxi brand, and discounts of 200-700 yuan/mt imported brand tin ingots. Tin prices fluctuated sideways last Friday and quickly rose before closing. Downstream companies still maintained a wait-and-see attitude, and transactions in the trade market were relatively thin.


