LME Tin Inventory Hit 2-Month High, SHFE Tin Inventory Fell to New Low in Over Six Weeks

SHANGHAI, May 31 (SMM) – According to data released by the London Metal Exchange (LME), LME tin inventories dropped to a one-year low of 1,510 mt as of April 26.

LME tin inventories rebounded last week and currently stand at 1,925 mt. This is the highest level in two months.

According to the data released by the Shanghai Futures Exchange (SHFE), SHFE tin inventory continued to decline by 5.39% to 8,915 mt last week, the lowest in one and a half months.

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