Today, Shanghai tin prices have dropped significantly again, driving d

Published: Aug 14, 2023 17:14

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Today, Shanghai tin prices have dropped significantly again, driving downstream companies to release their purchasing sentiment. Most trading companies reported that today's shipments were very hot, and some trading companies reported that shipments increased and inventories decreased during the period when tin prices fell last week. After today's shipment, it is close to the state of no inventory, and the follow-up will wait for the opportunity to replenish tin ingots. The discount of small tin ingots in the spot market has also narrowed, reflecting the relatively tight situation of tin ingots in the market. Today, the tin warehouse receipt of the Shanghai Futures Exchange increased by 196 tons to 8829 tons, while the LME tin inventory accumulated 120 tons to 5780 tons...

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