SHANGHAI, January 16 (SMM) –
SHFE 2402 tin contract fell to 208070 yuan/mt overnight and then soared to 209290 yuan/mt, and closed at 208670 yuan/mt, up 0.14%.
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 0-300 yuan/mt against SHFE 2402 tin contract, spot premiums of 100-600 yuan/mt for delivery brands, premiums of 1000 yuan/mt for Yunxi brand, and discounts of 1000-1100 yuan/mt imported brand tin ingots. The overall price of tin in early trading yesterday was relatively high. Trading companies reported that most downstream companies had a wait-and-see attitude, with fewer inquiries.
SHFE 2402 tin contract fell to 208070 yuan/mt overnight and then soared to 209290 yuan/mt, and closed at 208670 yuan/mt, up 0.14%.
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 0-300 yuan/mt against SHFE 2402 tin contract, spot premiums of 100-600 yuan/mt for delivery brands, premiums of 1000 yuan/mt for Yunxi brand, and discounts of 1000-1100 yuan/mt imported brand tin ingots. The overall price of tin in early trading yesterday was relatively high. Trading companies reported that most downstream companies had a wait-and-see attitude, with fewer inquiries.
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