SMM

Yesterday, the quotations from trading companies remained stable without significant fluctuations. The price range of tin ingots from various domestic brands was relatively fixed, with small-brand tin ingots and imported tin ingots showing a slight discount against the SMM 1# tin ingot price, while delivery brand prices and Yunnan Tin brand tin ingots showed a slight premium against the SMM 1# tin ingot price. In yesterday's market, SHFE tin prices continued to decline, maintaining low-level fluctuations during the night session. Most downstream companies replenished their stocks in large quantities, and some downstream companies engaged in pricing. As for trading companies, most had a trading volume of around 30 mt, with a few companies reaching a trading volume of 3-7 trucks. Overall, the market trading atmosphere was brisk.