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SMM Morning Comment For Tin Market On December 26

  • Dec 26, 2023, at 9:53 am
  • SMM
SHFE 2402 tin contract fell to 207680 yuan/mt overnight and closed at 207880 yuan/mt, down 0.12%.

SHANGHAI, December 26 (SMM) –
SHFE 2402 tin contract fell to 207680 yuan/mt overnight and closed at 207880 yuan/mt, down 0.12%.
Yesterday, spot premiums and discounts in domestic spot market for various tin ingot brands were as below.中Small brand tin ingots were offered at discounts of 0-500 yuan/mt over SHFE 2402 tin contract, spot premiums of 200-800 yuan/mt for delivery brands, premiums of 800-1100 yuan/mt for Yunxi brand, and discounts of 600-1100 yuan/mt imported brand tin ingots. Tin prices maintained a narrow range yesterday, with traders reporting fewer inquiries from downstream companies and a strong wait- and-see sentiment.

  • Industry
  • Tin
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