No Relief For Turbulent Tin As Supply Squeeze Worsens

Capt. John

The tin market super-squeeze rolls on. Tightness on the London Metal Exchange (LME) contract remains acute. The massive premium for prompt delivery has enticed a trickle of metal into exchange warehouses, but not enough to tame market wildness. The outright three-month price is currently trading around $25,700 per tonne, within striking distance of February’s ten-year …

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