Tin - Market trends and analysis

摘要

Withdrawals from LME warehouses are coming thick and fast now, following the jump in cancelled warrants a few weeks ago. Nine of the last eleven trading days have seen net withdrawals, with the daily outflow in February averaging 145 tonnes. The headline total has been reduced by 6.5% to 26,205 tonnes from a multi-year high of 27,905 tonnes in late January.