Published: Mar 11, 2024 17:05
【SMM Tin Briefing: Downstream Enterprises Show Weak Willingness to Receive Goods, Tin Price Maintains High-level Consolidation】Tin prices rose slightly in early trading today before falling back, while downstream enterprises still showed a low willingness to purchase, with most trading companies reporting mainly sporadic shipments, a few trading companies completing transactions of about one truckload, and a few reporting three truckloads of warehouse receipts. Overall, today's spot market transactions were relatively sluggish. Today, the Shanghai Futures Exchange saw an increase of 56 tons in tin warehouse receipts, reaching 11,030 tons, while LME tin inventories decreased by 35 tons to 5,300 tons.

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【SMM Tin Briefing: Downstream Enterprises Show Weak Willingness to Rec - Shanghai Metals Market (SMM)