The Shanghai Tin 2404 contract rebounded after a slight decline at the opening of the night trading, and the night trading price closed at 223,570 yuan/ton, up 0.1%.
Spot market transactions: During the early trading, the discount range of domestic tin ingot brands quoted by trading companies has not changed much compared with recent days. Among them, small brand tin ingots are shipped at a discount of 1,300 yuan/ton to a discount of 400 yuan/ton, delivery brands offer a discount of 600 yuan/ton to 300 yuan/ton for Shanghai Tin 2404 contract, Yunxi brand offers a discount of 200 yuan/ton to 700 yuan/ton for Shanghai Tin 2404 contract, and imported tin brands offer a discount of 15,000.
Yesterday morning, the price of Shanghai tin rose sharply, which inhibited the enthusiasm of downstream and terminal enterprises to buy. Most trading enterprises responded to sporadic transactions or no transactions for the time being, and a few trading enterprises traded about 10 tons. Generally speaking, yesterday's spot market transactions were relatively bleak.
Today the price of tin ingot soaring suddenly, which means next days tin Solder products would be higher prices than before. if you have planning to purchase Solder Wire, Solder Bar or Soldering items, the better point already losing in Feb.
