SHANGHAI, December 19 (SMM) –
SHFE 2401 tin contract fell to 206500 yuan/mt overnight, closing at 206600 yuan/mt, down 0.4%.
Yesterday, spot premiums and discounts in domestic spot market for various tin ingot brands were as below. Small brand tin ingots were offered at premiums of 0-300 yuan/mt over SHFE 2401 tin contract, versus premiums of 200-800 yuan/mt for delivery brands, premiums of 800-1100 yuan/mt for Yunxi brand, and discounts of 600-1000 yuan/mt imported brand tin ingots. Tin prices rebounded after a slight decline yesterday, and traders reported that downstream companies' purchasing willingness has increased.


