Recovery in tin prices We attribute the recovery in tin prices to the market’s realization that refined output trends would be much tighter than initially projected following the September 5 official announcement of meaningful production cuts in the world’s two largest refined tin-producing countries, China and...
Tin is one of the best performers among LME base metals so far in Q4, up a little bit more than 5%. The rise in open interest in LME tin in the quarter to date suggests that the price strength has been primarily driven by fresh buying, a sign of increased optimism.
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