MLX 1.11% 45.5¢ metals x limited

Ann: Presentation, page-8

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  1. 286 Posts.
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    This Reuters article is worth a quick read and highlights the reducing tin inventory. The Wa State tin production ban on the Man Maw tin mine which is still in force allowed for the export of the above ground tin stocks which has been feeding some of China's tin demand however its starting to sound like this above ground tin stock is getting low which probably explains the excelaration of the tin inventory drawdown in recent months. Hopefully we see another rally in the Tin price back to $36k USD.

    https://www.reuters.com/markets/commodities/tin-supply-chain-tightens-after-key-mines-long-absence-2024-09-13/


 
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