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Tight tin supplies due to seasonal and COVID disruptions, historically low stocks and robust demand are expected to help buoy prices of the metal near record highs. Tin CMSN3 prices on the London Metal Exchange have doubled this year, hitting a record high of $40,680 a tonne last month as consumers scrambled for supplies of ...
COP26 sets the tone for 2022 as the energy transition opens the door to unprecedented metals demand.
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Zinc prices are due to remain firm over coming months on the potential for soaring power costs causing more disruptions at smelters, keeping supply and inventories tight.
Australian shares are set to fall when the market opens, despite US stocks extending their rally. Oil pared from its session highs, easing fears of inflation.
Copper price hit a record high on Friday as surging power prices threaten to curb supply at a time when exchange stockpiles are at rock bottom.