SHANGHAI, Aug 16 (SMM) –
Overnight, SHFE 2309 tin contract price rose rapidly after the low opening. After reaching a high price of around 213,810 yuan/mt, it turned gradually down and finally closed at 211,500 yuan/mt, down 0.59%.
Spot premiums and discounts changed little on August 15 morning. Small brand tin ingots were offered at discounts of 400 yuan/mt, and premiums of 100-500 yuan/mt for delivery brands, among which some enterprises with less inventory shipping at the premium of 700 yuan/mt, premiums of 900-1,200 yuan/mt for Yunxi brand, and discounts of 700 yuan/mt for imported brand. Tin price rally and adequate stocks on hand after previous stocking caused trading activity to cool down.
![Overnight, LME tin fell 1.07%, SHFE tin fell 0.70%; geopolitical premium and a strong US dollar pressured tin prices [SMM Tin Morning News]](https://imgqn.smm.cn/usercenter/OXZgp20251217171750.jpg)
![The most-traded SHFE tin contract closed at 412,960, down 2.47%. Probability of a September rate hike rose to 66.9% [SMM Tin Morning Meeting Minutes]](https://imgqn.smm.cn/usercenter/WPbpj20251217171753.jpg)
