Published: Oct 17, 2023 16:27
SMM Tin Market Briefing: Tin prices remain volatile at high levels while spot transactions remain sluggish. Trading companies reported that spot transactions were mostly non-transacted or scattered in the morning, with some trading companies shipping around 20 tons at the later price, but feedback from downstream companies showed no willingness to receive goods at current prices. Refineries have increased their shipments compared to last week after tin prices have risen in the past two days. Today, the Shanghai Futures Exchange tin warehouse increased slightly by 31 tons to 6051 tons, while LME tin stocks increased by 20 tons to 7410 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.

For any inquiries or for more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn