http://www.westmetall.com/en/markdaten.php?action=show_table&field=LME_Sn_stock
LME 4535, $20,450/ton (A$26,542 (0.7705))
First restock of LME warehouses in some weeks.....5 ton only.....tin price has held above $20,100...next stop $21,000 and back towards previous highs?,
continued falls in LME warehouse levels will see us back to critical levels soon....looking at the fill chart over the past 14yrs LME warehouse levels are still in an extended down trend and recent tin price rising channel continues with the recent low bouncing off the trend line of the Jan and Jun '16 lows.....so much for the effect on the market of dropping the 10% export tax on tin coming out of China.....demand there, like many metals, is bigger than many have expected/predicted? ,
Kind regards, SEAH.
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