SHANGHAI, December 5(SMM) –Overnight, SHFE 2401 tin contract rose to 203,130 yuan/mt and then fell slightly, closing at 201,790 yuan/mt, up 1.07%.
During yesterday's morning trading, the price premiums and discounts quoted by trading companies for various domestic tin ingot brands had little change from last Friday. Small brand tin ingots were offered at around premiums of 200-400 yuan/mt. Delivery brands were offered at premiums of 500-800 yuan/mt over SHFE 2401 tin contract. The Yunnan tin brands were offered at premiums of 1,000-1,100 yuan/mt over SHFE 2401 tin contract. Imported tin brands’ spots were offered at discounts of 600-500 yuan/mt. Generally speaking, tin prices rose slightly during the session and then fell back. The spot market transactions yesterday showed a differentiated trend, with a small number of companies seeing relatively hot transactions.
During yesterday's morning trading, the price premiums and discounts quoted by trading companies for various domestic tin ingot brands had little change from last Friday. Small brand tin ingots were offered at around premiums of 200-400 yuan/mt. Delivery brands were offered at premiums of 500-800 yuan/mt over SHFE 2401 tin contract. The Yunnan tin brands were offered at premiums of 1,000-1,100 yuan/mt over SHFE 2401 tin contract. Imported tin brands’ spots were offered at discounts of 600-500 yuan/mt. Generally speaking, tin prices rose slightly during the session and then fell back. The spot market transactions yesterday showed a differentiated trend, with a small number of companies seeing relatively hot transactions.
