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Home / Metal News / SMM Tin Market Morning Comment (May 7)

SMM Tin Market Morning Comment (May 7)

May 7, 2024 10:05

Source:SMM

SHFE 2406 tin contract rose sharply, closing at 264,440 yuan/mt, up 1.85%.

SHFE 2406 tin contract rose sharply, closing at 264,440 yuan/mt, up 1.85%.
Yesterday, 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 1,000 yuan/mt for SHFE 2406 tin contract, versus discounts of 800 yuan/mt to premiums of 300 yuan/mt for delivery brands and premiums of 0-300 yuan/mt for Yunxi brand. Tin prices moved rangebound yesterday. The purchasing willingness of downstream enterprises were moderate. Transactions were active yesterday.

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Oct
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- NET ZERO EUROPE - Solar & Energy Storage Summit
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SMM Tin Market Morning Comment (May 7)

SMM Events & Webinars

NET ZERO EUROPE - Solar & Energy Storage Summit

2nd Li-ion Battery Europe 2024

2024 Global Renewable Metal Industry Chain Summit