The LME cash tin price continues to command a significant $1, 000-per tonne premium over the anchor three-month price, reflecting low inventory and chronic time-spread tightness.(File pic shows tin ingots at MMC in Malaysia)
LONDON, July 7 (Reuters) - Copper may grab the supercycle headlines but it's the tiny tin market that outperformed all other base metals in the first half of this year.
London Metal Exchange (LME) tin hit a decade high of $33, 181 per tonne in June and is currently trading around $31, 800, up by 51% on the start of the year. Aluminium, the second-best year-to-date LME performer is up by 25% and copper "just" 21%.
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