SMM Tin Briefing: Shanghai Tin Prices Remain High, Spot Market Trading Quiet
In the morning session today, tin prices overall remained at a high level, with trading companies reporting that downstream enterprises were mostly in a wait-and-see attitude. There were fewer inquiries and orders, and most companies finished their stocking-up last week. As a result, demand is currently weak, and most trading companies were in a scattered trading state in the morning, with very few completing transactions of around two trucks. Overall, the spot market trading today was relatively quiet. Today, the Shanghai Futures Exchange tin warehouse receipts increased by 65 tons to 6079 tons, while LME tin inventories decreased by 75 tons to 7320 tons...


