SHFE tin inventory continues to accumulate, reaching a two-month high

Data released by the London Metal Exchange (LME) showed that LME tin inventory pulled back overall last week, but increased in the first two days of this week, with the latest inventory level standing at 1,765 mt.

Data released by the Shanghai Futures Exchange (SHFE) showed that SHFE tin inventory continued to accumulate in the week of August 8, marking a fourth consecutive week of increase. Weekly inventory rose by 1.75% to 7,805 mt, hitting a two-month high.

Note: Generally speaking, 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 LME and SHFE tin inventory data since July 2025: (Unit: mt)