According to data released by the London Metal Exchange (LME), LME tin inventories fell to a new low in more than one year at 1,510 mt on April 26, and then rebounded. Last week, LME tin inventories continued to increase, with the latest inventory level at 1,610 mt as of May 9.
According to data released by the Shanghai Futures Exchange, in the week of May 5, SHFE tin inventories continued to accumulate, increasing by 1.69% from a week ago to 9,353 mt as of May 5, reaching a new high in more than five years.
