The three-month London Metal Exchange tin price has fallen by more than 33% since the start of the year, rendering it the laggard among its peers in a market-wide sell-off that has seen commodity prices tumble.
The LME's smallest market however, which today boasts an open interest count of just 19,041 active positions - a three-month low - has some way to go before price recovery, according to market participants.LME base metals prices have been subject to stark volatility in the past fortnight, with global investors reducing exposure to risk-assets, including...