In the night session yesterday, the most-traded SHFE tin contract closed at 255,040 yuan/mt, down 5,820 yuan/mt, a decrease of 2.23%, with a high of 259,400 yuan/mt and a low of 254,380 yuan/mt.
During yesterday's morning session, trading companies quoted domestic tin ingot brands with little change compared to recent days. Small brand tin ingots were quoted at premiums of 0-500 yuan/mt against the SHFE 2410 contract, delivery brand at premiums of 200-700 yuan/mt against the SHFE 2410 contract, Yunnan Tin brand at premiums of 600-800 yuan/mt against the SHFE 2410 contract, and imported tin brand at discounts of 600-200 yuan/mt against the SHFE 2410 contract. In the morning session yesterday, tin prices fluctuated downward, prompting some downstream and end-user companies to actively restock after the price drop. Some trading companies completed transactions of 20-30 mt, while others traded 2-3 truckloads. Overall, the spot market was quite active yesterday.
