CNBC reported tin prices fell $195 a metric ton, but stayed close to its peak of $21,948 in base metals trading on Tuesday.
CNBC reported tin prices fell $195 a metric ton, but stayed close to its peak of $21,948 in base metals trading on Tuesday.
As quoted in the market news:
Tin fell $195 to finish at $21,400 a metric ton but held near Monday’s 4-1/2 month peak of $21,948.
Tin investors with nearby short positions were scrambling to cover losses as the latest LME data showed one party had 50-80 percent of combined warrants, cash and tomorrow positions.
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