Discussion on SP, page-529

The vicious price falls in tin are occurring:
Without an accompanying significant build in either LME nor SHFE tin stocks..in fact continued drawdown is occurring.
Into month's end and the financial year close.
Following the abrupt shuttering of multiple Chinese tin refineries

The shuttering of the refineries is interpreted by some as the refineries avoiding the situation of processing tin concentrate purchased at high tin prices, and selling it into a lower tin price environment.
A situation arises whereby the expected ability to deliver tin via shuttered refineries is to some degree thwarted both physically & in-synch with hedges previously put in place.
The shuttering of the refineries is interpreted by some associated with the tin market as confirmation that tin demand has collapsed &/or been overwhelmed by supply.

The combination of these factors has created a "long squeeze" with those long rushing to adjust positions, others for the exits, and short vultures entering to seize on the panic.
If the supply & demand scenarios are not as dire as the market seems to think...How long until an abrupt swing to a significant short-squeeze??
All speculation of course
Raving.