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CLOSE TO CLOSE: Base metals prices falter in LME kerb

February 08, 2012 - 17:01 GMT Location: London

KEYWORDS: tin prices , aluminium prices , copper prices , LME , kerb , Greece

Base metals prices faltered during the kerb session on the London Metal Exchange on Wednesday February 8, as anxiety over continuing European debt issues kept trading subdued.

Three-month tin prices closed at $25,400 per tonne, basis three months, compared with $25,500 per tonne the day before, after climbing as high as $25,880 on Wednesday. Prices had looked likely to reach a predicted level of $26,500 in the coming days, but gains have been somewhat stymied by continuing uncertainty over the lack of a resolution to the debt problem in...

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Comment & analysis

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Seven days is a long time in the investment world, but last week must have felt longer than most.
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