SHFE 2406 tin contract rose slightly, closing at 262,180 yuan/mt, up 1.07%.
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 700-1,000 yuan/mt for SHFE 2406 tin contract, versus discounts of 600 yuan/mt to premium of 300 yuan/mt for delivery brands and premiums of 100-500 yuan/mt for Yunxi brand. In yesterday's early trading, SHFE 2406 tin contract remained stable. Downstream companies showed low buying sentiment. Few deals were heard among traders.


