SHANGHAI, January 5 (SMM) –
SHFE 2402 tin contract fell to 208800 yuan/mt overnight and closed at 208850 yuan/mt, down 1.42%. 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 300-600 yuan/mt compared to SHFE 2402 tin contract, versus premiums of 0-700 yuan/mt for delivery brands, premiums of 1000-1100 yuan/mt for Yunxi brand, and discounts of 900-1300 yuan/mt imported brand tin ingots. Tin prices rose slightly in early trading yesterday and then fell back. Trading companies reported that downstream companies still held a wait-and-see attitude.
SHFE 2402 tin contract fell to 208800 yuan/mt overnight and closed at 208850 yuan/mt, down 1.42%. 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 300-600 yuan/mt compared to SHFE 2402 tin contract, versus premiums of 0-700 yuan/mt for delivery brands, premiums of 1000-1100 yuan/mt for Yunxi brand, and discounts of 900-1300 yuan/mt imported brand tin ingots. Tin prices rose slightly in early trading yesterday and then fell back. Trading companies reported that downstream companies still held a wait-and-see attitude.
