SMM Tin Brief: Shanghai Tin Prices Continue to Rise, Downstream Enterprises Show Low Purchase Sentiment

In the early trading today, tin prices overall maintained an upward trend. Trading enterprises reported that downstream enterprises are mostly adopting a wait-and-see attitude, with fewer inquiries and some low-priced orders remaining unfulfilled. Most enterprises have finished their just-in-time inventory purchases. Most trading enterprises have reported scattered transactions, with a few completing transactions of around 50 tons. Overall, today's spot market transactions are relatively sluggish. Shanghai Futures Exchange tin warehouse receipts remain unchanged at 5,921 tons, while LME tin inventories increased by 45 tons to 7,505 tons.