London Metal Exchange tin's three-month price came to $20,000 per tonne during early trading while the rest of base metals made gains on Thursday December 17 morning on bullish market hopes of the passing of a US economic stimulus package to deal with the Covid-19 pandemic.
The LME three-month tin price came to a new year-to-date high of $20,035 per tonne during early trading on Thursday, its highest since early April 2019. The soft metal retreated slightly to $19,985 per tonne as of 9am, marking a 0.1% gain from Wednesday's closing price of $19,960 per tonne. Copper also neared its year-to-date high of $9,987 per tonne from December 11 on Thursday morning, reaching $7,906 per tonne at 9am, a 0.9% rise from $7,836 per tonne at the...