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FastMarkets reported on base metals trading on the London Metal Exchange on Monday as tin prices dropped dramatically after stocks increased.
FastMarkets reported on base metals trading on the London Metal Exchange on Monday as tin prices dropped dramatically after stocks increased.
As quoted in the market news:
Tin dropped $175 to $21,498 after stocks increased 80 tonnes to 11,955 and cancelled warrants were unchanged at 2,300 tonnes.
“Tin appears to be the biggest loser this morning, its price having fallen for a time by around three percent,” Commerzbank said.