LME Best Performer Tin Down 1.5%

Reuters reported that after being the LME best performer for 2012, tin is now down 1.5% at $24,625 a ton.

As quoted in the market news:

Tin (is) struggling to hold above $25,000. A 600 tonne increase in on-warrant (LME stocks) stocks this morning has added to the sense that prices are indeed consolidating for the time being,” said Standard Bank in a note.

Click here to read the full Reuters report.