LIVE FUTURES REPORT 21/11: LME tin price jumps up 2%; lead worst performer at the close

The three-month tin price on the London Metal Exchange rose by 2.4% against high turnover at the close of trading on Thursday November 21, while lead futures continued their decline over the afternoon.

Tin’s outright price on the LME closed at $16,400 per tonne up from Wednesday’s closing price of $16,020 per tonne, while daily trading volumes were at their highest since November 13 at 482 lots exchanged by the close. Price action in tin has been in a steady incline over the day after falling to its lowest level since September 2 of $15,870 per tonne on Wednesday, but the price is down by 5% against the same period a month earlier, when it hit a high of $17,240 per tonne. Moreover, the three-month...


Hassan Butt

November 21, 2019

17:53 GMT