Published: Apr 9, 2024 16:55
SMM Tin Brief: Shanghai tin prices continue to show strength, with a small amount of just-in-time demand driving spot market transactions. In the early trading session today, Shanghai tin prices remained weak and consolidated, but overall prices remained high. Most downstream enterprises are cautious due to high prices, while a few enterprises with urgent needs made purchases. Most trading companies reported scattered transactions, with a few having transactions of around two lots. Overall, today's spot market transactions were driven by just-in-time demand, showing a divergent trend. Today, SHFE tin warehouse receipts increased by 102 tons to 12,784 tons, while LME tin inventories decreased by 5 tons to 4,285 tons...

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SMM Tin Brief: Shanghai tin prices continue to show strength, with a s - Shanghai Metals Market (SMM)