London Metal Exchange three-month base metals prices continued to trend lower through Thursday September 24, with dip buying across the complex failing to stall the decreases.
Tin, lead, copper and zinc led the price decline, with tin losing 1.3% on Thursday. The volumes traded on the LME have been above average due to the drop in prices.On Wednesday September 23, tin dropped by 3%, its deepest sell-off since March 18.Fastmarkets analyst Boris Mikanikrezai noted that tin's sell-off was "mainly driven by fresh selling, judging by the increase in open interest. This...