tin ...stockpiles got smashed tonite, page-7

Yes DJ , Tin Stockpiles down another 10 t to 7180t ,from what I can work out .For some reason Basemetals did not register the previous nights 335T drop .I think they have been shorting it ,going by some of their previous commentary .The price still hasnt reacted to the stockpile drops yet ,but if there is another decent drop there will almost certainly be short covering .The important thing to take note of is that the stockpiles have hit new lows ,and the stockpile trend is still strongly down .Tin is still in deficit ,and while the price may have spikes and pullbacks ,the mid to long term price is still in a strong uptrend .