The overall decline in Shanghai tin inventory fell to its lowest level in nearly a month.

Published: Feb 23, 2022 10:35
[Shanghai tin inventory overall decline to a nearly one-month low] data released by LME show that Lunxi inventory has fluctuated in a range recently. Lunxi inventory has fallen after rising to a 13-month high of 2475 tons on February 3. Lunn tin inventory as a whole still declined in the last week and fell sharply yesterday, with the latest inventory level of 2275 tons.

Data released by LME show that Lunxi inventory fluctuates in a range recently. Lunxi inventory fell after rising to a 13-month high of 2475 tons on February 3. Lunxi inventory as a whole still declined last week and fell sharply yesterday, with the latest inventory level of 2275 tons.

Shanghai tin inventories fell slightly in the week of February 18, falling 6.73 per cent to 3185 tonnes, a relatively high level in seven and a half months, according to data released last week.

Note: generally speaking, declining stocks in domestic and foreign exchanges will support the futures price, otherwise, it will be bad for the futures price.

Comparison of tin inventory between LME and previous stock since 2020

The following is the tin inventory data of LME and Shanghai Stock Exchange since February 2022: (in tons)

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

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