SHANGHAI, December 25 (SMM) –
SHFE 2401 tin contract closed at207440 yuan/mt last Friday’s night session, down 1.02%.
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 discounts of 0-300 yuan/mt over SHFE 2401 tin contract, versus premiums of 400-800 yuan/mt for delivery brands, premiums of 900-1100 yuan/mt for Yunxi brand, and discounts of 600-1000 yuan/mt imported brand tin ingots. Tin prices spiked, dampening downstream buying appetite.
SMM Morning Comment For Tin Market On December 25
- Dec 25, 2023, at 9:49 am
- SMM
SHFE 2401 tin contract closed at207440 yuan/mt last Friday’s night session, down 1.02%.
