Data released by the London Metal Exchange (LME) showed that LME tin inventory continued its downward trend last week, with the latest inventory level at 2,155 mt, hitting a new two-year low.
Data released by the Shanghai Futures Exchange (SHFE) indicated that during the week ending June 13, SHFE tin inventory pulled back, with weekly inventory decreasing by 3.59% to 7,107 mt, reaching a new four-month low.
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 LME and SHFE tin inventory since 2023
The following are the tin inventory data for LME and SHFE since June 2025: (Unit: mt)


![The Most-Traded SHFE Tin Contract Opened Lower and Then Traded Stronger, Spot Market Recovers Amid Downtrend [SMM Tin Midday Review]](https://imgqn.smm.cn/usercenter/WWXJU20251217171753.jpg)
![The most-traded SHFE tin contract fluctuated rangebound during the night session, with downstream enterprises mostly following up with small-lot transactions. [SMM Tin Morning Brief]](https://imgqn.smm.cn/usercenter/bYFQn20251217171752.jpg)
