SMM

Yesterday, trading in the spot tin market was relatively active, with quotes from trading companies remaining stable without significant fluctuations. The price range for domestic brands of tin ingots was relatively fixed, with small brand tin ingots and imported tin ingots slightly discounted against the SMM 1# tin ingot price, while delivery brand prices and Yunnan Tin brand tin ingots had a slight premium over the SMM 1# tin ingot price. In yesterday's market, tin prices overall remained at a high level, opening low and moving lower during the night session, while trading activity in the spot market remained active. Most downstream companies were restocking. For trading companies, most had trading volumes of 10-20 mt, with a few companies achieving trading volumes of more than two truckloads. Overall, the market trading atmosphere was quite active.