The London Metal Exchange tin price was the biggest riser on Wednesday December 16, coming close to the $20,000 per tonne mark and setting a new year-to-date high, spurring most of the complex along with it while market participants eyed a congressional deal for a coronavirus stimulus package in the United States.
Tin's three-month price rose by 1.1% to $19,925 per tonne on Wednesday at 5pm against Tuesday's closing price of $19,695 per tonne. The metal reached a new 2020 high during trading of $19,960 per tonne, a rise from the previous year-to-date high of $19,765 per tonne which it had hit on Monday. Tin carried forward the rest of the complex, which also registered rises...