SHFE tin inventory continues to decline, falling to a new low in over a month

Data released by the London Metal Exchange (LME) showed that LME tin inventory fluctuated within a range last week, with the latest inventory level at 2,790 mt, a relatively low level in the past two years.

Data released by the Shanghai Futures Exchange (SHFE) indicated that SHFE tin inventory continued to decline in the week ending May 9, with weekly inventory decreasing by 2.13% to 8,719 mt, reaching a new low in over a month.

Note: Generally, a continuous decline in inventory at domestic and overseas exchanges will support futures prices, while the opposite will have a bearish impact on futures prices.

Comparison of tin inventory between LME and SHFE since 2023

The following are tin inventory data for LME and SHFE since April 2025: (Unit: mt)