SMM Tin Review: Shanghai Tin Prices Maintain Range-bound Fluctuations, Downstream Enterprises Remain Cautious

Today, the price of tin maintained range-bound fluctuations, with trading companies reporting that downstream purchasing intentions remain weak, and many are adopting a wait-and-see attitude. The majority of trading companies were engaged in scattered transactions in the morning, and the spot market continued this trend in the afternoon, with most companies trading around 10 tons and a few around 20 tons. Overall, today's spot market transactions remained sluggish. Today, the total warehouse receipt for tin on the Shanghai Futures Exchange increased by 93 tons to 5074 tons, while LME tin inventory decreased by 310 tons to 7730 tons...