Tin Warrants See Flurry Of Activity

Reuters reported three-month tin gained 0.63 percent to $19,925 a tonne, edging above resistance of $20,000 earlier after two days of failing at that level.

As quoted in the market news:

Triland Metals said in a note there seemed to be a flurry in the tin warrant market in Asia as merchants checked the availability of material, potentially a sign of reduced producer activity below the $20,000 per tonne mark. Of LME tin inventories, some 43 percent of the total stocks of 11,860 tonnes

MSNSTX-TOTAL is cancelled and therefore not available to the market.

Click here to read the full Reuters report.

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