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Home / Metal News / SMM Tin Market Morning Comment (Apr 29)

SMM Tin Market Morning Comment (Apr 29)

Apr 29, 2024 09:43

Source:SMM

SHFE 2406 tin contract fell slightly last Friday night, closing at 258,020 yuan/mt, down 1.4%.

SHFE 2406 tin contract fell slightly last Friday night, closing at 258,020 yuan/mt, down 1.4%.
Last Friday, spot premiums and discounts in domestic spot market for various tin ingot brands were as below. Small brand tin ingots were offered at discounts of 600-1,100 yuan/mt for SHFE 2406 tin contract, versus discounts of 0-1,000 yuan/mt for delivery brands and premiums of 200-400 yuan/mt for Yunxi brand. Tin prices rebounded last Friday, and downstream companies restocked only as needed. Transactions cooled down last Friday.

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SMM Tin Market Morning Comment (Apr 29)

SMM Events & Webinars

NET ZERO EUROPE - Solar & Energy Storage Summit

2nd Li-ion Battery Europe 2024

2024 Global Renewable Metal Industry Chain Summit