Metals Remain Rangebound

FXStreet reported base metals were lacklustre and drifting awaiting remarks from US President Barack Obama.

The market news is quoted as saying,

Tin inventories were up 100 tonnes at 21,855 tonnes but cancelled warrants were at the lowest level since May 16, 2006, dropping 34 percent to 3,020 tonnes. Prices at $24,450 were up $75 or around 0.3 percent.

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