The SHFE tin prices moved downwards after a higher opening in the night session, and the spot market saw active transactions [SMM Tin Morning News Oct 22]

Published: Oct 22, 2024 09:30

Source: SMM

Save

SMM, October 22: Yesterday, the most-traded SHFE tin contract closed at 253,850 yuan/mt, down 2,010 yuan/mt, a decrease of 0.79%, with the highest at 258,980 yuan/mt and the lowest at 253,000 yuan/mt. During the morning session yesterday, the domestic tin ingot brands' premiums and discounts quoted by trading companies did not change much compared to recent days. Among them, small brand tin ingot quotations against the SHFE 2411 contract were +0~+200 yuan/mt, delivery brand quotations against the SHFE 2411 contract were +200~+600 yuan/mt, Yunnan tin brand quotations against the SHFE 2411 contract were +600~+800 yuan/mt, and imported tin brand spot quotations against the SHFE 2411 contract were -700 yuan/mt. Yesterday, tin prices fluctuated rangebound, and some downstream enterprises made small purchases. Some trading companies transacted 10-20 mt, while a few trading companies transacted 1-2 trucks. Overall, the spot market transactions were relatively active yesterday.

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

Feb 6, 2026 16:14

Data: SHFE, DCE market movement (Feb 06)

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 06 Feb , 2026

Feb 6, 2026 16:14

Feb 6, 2026 11:59

The Most-Traded SHFE Tin Contract Opened Lower and Then Traded Stronger, Spot Market Recovers Amid Downtrend [SMM Tin Midday Review]

[SMM Tin Midday Review: The Most-Traded SHFE Tin Contract Opened Lower and Then Traded Stronger, Spot Market Recovers Amid Downtrend]

Feb 6, 2026 11:59

Feb 6, 2026 08:49

The most-traded SHFE tin contract fluctuated rangebound during the night session, with downstream enterprises mostly following up with small-lot transactions. [SMM Tin Morning Brief]

[SMM Tin Morning Brief: The Most-Traded SHFE Tin Contract Fluctuated Rangebound During the Night Session, Downstream Enterprises Mostly Followed Up with Small-Lot Transactions]

Feb 6, 2026 08:49