Tin’s three-month price rose by 1.4% to $23,103 per tonne from Friday’s 5pm closing price of $22,779 per tonne, ending the day above the $23,000 per tonne mark for the first time since June 2014.
The metal had breached the $23,000 per tonne mark a few times in the past week – setting new 2021 highs in the process – but had failed to hold the price at the close until Monday.
The metal also recovered from a lower price on Monday morning, when it dipped by 0.95% to $22,600 per tonne from Friday’s 5pm closing price.
More than 520 lots of tin were traded on the LME on Monday by 5pm, above last...
