Prices on the London Metal Exchange were mixed at the close on Monday August 16, with only tin making a solid advance, while the rest of the metals were either down or around their Friday levels.
Tin's three-month price was up to $35,680 per tonne on Monday, up 1% from last Friday's closing price of $35,680 per tonne. It reached its latest all-time high of $35,955 per tonne on Thursday of last week.On Monday, tin's LME stock levels dropped 19% to 1,770 tonnes - their lowest since the first week of June - after an outflow of material from Kaohsiung. This follows a 29% decrease in Shanghai Futures Exchange warehouses last week. The...