SMM

SHANGHAI, November 27(SMM) –SHFE 2312 tin contract closed at 201340 yuan/mt last Friday’s night session, down 0.21%.
During the early trading last Friday, spot premiums and discounts in domestic spot market for various tin ingot brands were as below. Small brand tin ingots were offered at premiums of 300-500 yuan/mt over SHFE 2312 tin contract, versus premiums of 500-800 yuan/mt for delivery brands, premiums of 900-1000 yuan/mt for Yunxi brand, and discounts of 600 yuan/mt imported brand tin ingots. Tin prices continued to fall last Friday, and spot market transactions showed a divided situation. Generally speaking, the spot market transactions last Friday were relatively brisk.