remember a short time ago when tin price jumped after a sudden increase in cancelled warrants? remember how suddenly 700ton of tin appeared from china to benefit from the rise and landed on the LME
I said at the time that two entities had particularly large holdings of LME tin
well those cancelled warrants have not been filled and they have been placed back on warrant. In other words it would appear confirmation that someone ( probably Chinese or at least with Chinese connections)cancelled those warrants to manipulate the tin price
if true it pretty much confirms that it's not just Indonesia that is serious about lifting the longer term price. A good sign as far as I'm concerned and conjecture only
bring it on
DYOR as always
CSD Price at posting:
6.3¢ Sentiment: Buy Disclosure: Held