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...
