TP13 Jan 2022 14:34
13 January 2022
LME tin prices have surged in the last few days, driven by weakness in the US dollar and strength in the Chinese market.
In China, the upcoming end of the January contract has seen the price move higher as those short in the market struggle to cover their positions. Weaker imports from Myanmar in December and expected low refined production in January are also helping push the SHFE price to new records.