SRZ - Media, page-30

The calm before the storm?

Over the last two weeks, tin stockpiles on the SHFE have decreased by 9.5%, with a notable loss of 1,324 tonnes last Friday, marking the highest single-week depletion in over a year.

China, the biggest tin smelter and consumer in the world, is currently experiencing a tin concentrate shortfall and is finding it difficult to make up for this with refined tin purchases due to production setbacks and disruptions in major tin-producing countries like Indonesia, Myanmar and Malaysia.

The recent reductions in SHFE tin stockpile may be a passing trend, but given the ongoing increase in demand, it is more likely an indication of a serious global tin shortage that is about to hit our supply-chain shores.

All IMO, DYOR GLTA(patient)H