LIVE FUTURES 27/09: LME prices dip; tin down 4% from all-time high

Base metal prices were lower during morning trading on the London Metal Exchange on Monday September 27, with tin falling the most in percentage terms from Friday's record high of $36,830 per tonne.

Tin's three-month price was at $35,360 per tonne at 9am, after recording a new all-time high on Friday amid concerns about Chinese supply due to power restrictions imposed in producing regions such as Yunnan province.
The metal's cash/three-month spread remained tight on Monday at a $1,506-per-tonne backwardation, close to the $1,515-per-tonne backwardation it registered on Friday - the most since late May.

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