LME Tin Inventory Hit a New High in the Last Two Years, while SHFE Tin Inventory Ended its Three Consecutive Drops

SHANGHAI, Aug 3 (SMM) - According to the data released by LME, the overall inventory of tin increased greatly last week. The inventory continued to rise this week, with the latest data recording at 3,985 mt, hitting a new high in the last two years.

According to data released by SHFE, tin inventory rebounded last week, ending its three consecutive declines. Last week, the weekly inventory increased by 5.38% to 3,960 mt, creating a new high of more than one year.