LIVE FUTURES REPORT 28/06: LME tin price climbs above $31,000/t on MSC restart delay

June 29, 2021 / www.metalbulletin.com / Article Link

Tin was the best performer on the London Metal Exchange during trading on Monday June 28, while the rest of the complex was mixed at the start of the new week with particularly low volumes for copper's three-month contract.

Tin's three-month price increased by 1.2% to $31,152 per tonne on Monday at the close from Friday's $30,774 per tonne price.

The metal rose to as much as $31,220 per tonne during the day, the highest since June 17, in reaction to news that Malaysian Smelting Corp, the world's third largest tin producer, would not resume operations today as it...

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