Funds fuel price rally but tin needs investors of a different kind

Tin has clearly been edging onto the broader investment radar, even if it is still a blip next to the likes of copper. — Reuters

FORGET about copper for just a moment. The real bull star on the London Metal Exchange (LME) right now is tin, with year-to-date gains of 41% eclipsing even the red metal’s 33% price rise.

Fund managers have overcome their previous reticence about committing money to such a small, sometimes illiquid market and have accumulated record long positions on the LME tin contract.