SMM Tin Market Briefing: Tin prices have dropped again today, downstre

Published: Oct 24, 2023 17:00

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SMM Tin Market Briefing: Tin prices have dropped again today, downstream enterprises' purchasing sentiment has improved slightly, trading enterprises' shipments today are still differentiated, some enterprises reported that they shipped two or three cars in the morning, while some enterprises reported that they shipped sporadically mainly in low-hanging orders. Generally speaking, the spot market transaction volume has improved significantly compared with yesterday; the spot market transaction volume has improved slightly in the afternoon compared with the morning, and some trading enterprises reported that the transaction has improved in the afternoon. Today, the tin warehouse receipts on the Shanghai Futures Exchange decreased by 101 tons to 6291 tons, and the LME tin inventory decreased by 125 tons to 7210 tons.

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