SHFE tin prices fluctuated downward, and spot market transactions were relatively weak [SMM Tin Midday Review]

Published: Aug 13, 2024 14:43

Source: SMM

Save

Futures market: In the early trading session today, the SHFE tin 2409 contract price fluctuated downward, closing at 255,810 yuan/mt at midday, down 0.51%.

Spot market: During the early trading session today, trading companies' quotations for various domestic tin brands showed little change compared to recent days. Small brand tin was quoted at a premium of 700-1,000 yuan/mt over the 2409 contract, delivery brand tin was quoted at a premium of 500-1,300 yuan/mt over the 2409 contract, Yunnan Tin was quoted at a premium of 1,000-1,400 yuan/mt over the 2409 contract, and imported tin was quoted at a premium of 200 yuan/mt over the 2409 contract. Although tin prices fluctuated downward today, the overall price remained relatively high, leading to low purchasing willingness among downstream enterprises. Most trading companies reported scattered transactions or no transactions in the morning. Overall, spot market transactions remained relatively weak today.

Market forecast Market review

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

Apr 17, 2026 16:17

[SMM Tin News Flash: Agency: Impact of Sharp Rise in Storage Prices on Low-End Market to Drive ODM/IDH Smartphone Shipments Down 10% YoY in H2 2025]

According to Counterpoint, memory prices surged significantly in H2 2025, bringing notable cost pressure to the global smartphone industry and particularly impacting the low-end market. Sales of smartphones priced below $150 declined 11% YoY in H2 2025. As OEM shipments of low and mid-end models were highly dependent on ODM/IDH, this cost-driven market downturn inevitably transmitted to the ODM-IDH sector. According to Counterpoint Research data, shipments of smartphones designed by ODM/IDH enterprises fell sharply by 10% YoY in H2 2025, ending two consecutive years of growth.

Apr 17, 2026 16:17

Apr 17, 2026 16:16

[SMM Tin News Flash: Honda's Subsidiary in China Responds to Factory Closure Rumors]

Regarding Honda's plan to close two factories in China, GAC Honda responded today that the move was intended to continuously integrate resources, optimize strategic layout, and improve operational efficiency in line with changes in the market environment. Earlier reports indicated that, given Honda's sluggish sales in China and low operating rates at some internal combustion engine vehicle factories, Honda plans to shut down two factories of its joint venture automakers in China, located in Guangzhou and Wuhan respectively, to cut capacity. Among them, the relevant GAC Honda factory will cease production in June 2026, while the relevant Dongfeng Honda factory will cease production in 2027.

Apr 17, 2026 16:16

Apr 17, 2026 15:56

Data: SHFE, DCE market movement (Apr 17)

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 17 Apr , 2026

Apr 17, 2026 15:56