During the night session, SHFE tin prices slightly rose; the spot market saw weak transactions [SMM Tin Morning News Oct 11]

SMM, October 11: Yesterday, the most-traded SHFE tin contract closed at 267,050 yuan/mt, up by 2,760 yuan/mt, an increase of 1.04%, with a high of 268,300 yuan/mt and a low of 265,210 yuan/mt. During the morning session, trading companies' quotes for domestic tin ingot brands showed little change compared to recent days. Small brand tin ingots were quoted at premiums of 0~200 yuan/mt against the SHFE 2411 contract, delivery brand at premiums of 200~600 yuan/mt, Yunnan Tin brand at premiums of 600~800 yuan/mt, and imported tin brands were quoted at discounts of 400~200 yuan/mt against the SHFE 2411 contract. Yesterday morning, tin prices fluctuated upward, with some downstream companies remaining on the sidelines. Most trading companies had scattered transactions, with a few trading companies completing transactions of about one truckload. Overall, the spot market transactions were sluggish yesterday.