LME Tin Inventories Hit A Six-and-A-Half-Month High, While SHFE Tin Inventories Fell back

SHANGHAI, June 29 (SMM) - According to data released by the LME, LME tin inventories in London fell before rising last week, and the latest inventory level was 3,510 mt as of June 28, a new high in six and a half months.

According to the data released by the SHFE, SHFE tin inventories fell last week, ending three consecutive weeks of increases. SHFE tin inventories dropped 7.36% on a weekly basis to 3,726 mt in the week of June 24, which was relatively high over the past year.