The three-month tin price on the London Metal Exchange was the standout metal at the close of trading on Monday April 27, settling at its highest price since April 14 amid robust daily trading volumes.
Steady buying in LME zinc futures led the galvanizing metal's underlying price to close at its highest level for a week. Tin's outright price on the LME closed at $15,460 per tonne on Monday afternoon, climbing from an intraday low of $15,205 per tonne, while turnover was high with about 402 lots exchanged by the close, the most since April 15. Additionally, this morning's fresh cancelation of some 285 tonnes out of warehouses in Los Angeles in...