Published: Jan 3, 2024 17:47
SMM Tin Brief: Shanghai tin prices rebound after reaching bottom, spot market trading remains sluggish. Tin prices rose slightly in early trading today and then fell back. Trade enterprises reported that downstream companies' purchasing intentions remained low, and they are still taking a wait-and-see attitude towards the relatively high tin prices. Most trade enterprises traded around 10 tons today, while a few traded 20-30 tons. Overall, the spot market trading is relatively quiet today. Shanghai Futures Exchange tin warehouse receipts decreased by 46 tons today to 6029 tons, while LME tin inventories increased by 30 tons to 7730 tons.

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