LME tin’s underlying price closed at $14,280 per tonne on Monday afternoon, climbing from an intraday low of $14,140 per tonne, while just 188 lots of tin traded over the day - the lowest since February 20.
With open interest in LME tin at just 19,122 open positions - the smallest sized market in the complex - low liquidity often subjects LME tin's outright price to more pronounced swings.
The upward price action in LME tin comes despite some...