Shfe down 400 t or so from last week. Theres something interesting going on. The data is somewhat opaque but looks like strong deficit.. but demand supposedly down where is all that tin going? Shfe heading towards 50% drawdown from peak and prices going down to 30k? Is the perception of chinese demand so poor ?
MLX Price at posting:
39.5¢ Sentiment: Buy Disclosure: Held
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