Although tin ended $75 lower – the metal continues to consolidate after last week’s 2.76% rebound – the rest of the complex closed in positive territory, with zinc up around 1.2%.
On-warrant zinc stocks fell 14.5% to 144,975 tonnes, the lowest since July 2008, after 22,350 tonnes were cancelled – a move centred on Antwerp and New Orleans.
The three-month nickel price closed above $9,000 per tonne for the first time since May...
