The Ukrainian Metal

LIVE FUTURES REPORT 19/09: LME tin price leads way on downside, dips below $5,800/t

Base metals ended flat to lower on the London Metal Exchange on Thursday September 19- tin closed below $17,000 per tonne and copper below $5,800 per tonne.

The three-month tin price ended at $16,457 per tonne this afternoon, its weakest close since August 30 and down from an intraday high of $16,895 per tonne – a drop of around 2% from Wednesday.

Volumes were comparatively high – 593 lots changed hands by the close, the highest since September 2.

While…

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