SMM Tin Morning Brief on January 8, 2025:
During the night session yesterday, the international tin market also experienced some fluctuations, which had a certain linkage effect on the prices of domestic SHFE tin contracts. Meanwhile, domestic demand for tin also showed some changes. Spot market prices fluctuated widely following SHFE tin prices, but the overall premium and discount levels remained largely unchanged. Spot market transactions were relatively mediocre yesterday, with most trading enterprises engaging in scattered deals. Some imported tin arrived at ports, but due to high pre-sale volumes, imported spot tin remained relatively tight. Coupled with the approach of the year-end, most trading enterprises held low inventories, which may lead to tighter spot supply in the future.
