What is LME tin price today?

What is LME tin price today?

LME Tin Official Prices

What metals are traded on LME?

Non-ferrous metals LME participants can trade and take or make delivery of aluminium, copper, tin, nickel, zinc, lead, aluminium alloys and premiums. Non-ferrous prices discovered on our platforms are used as the global reference price.

Is Steel traded on the LME?

Trading occurs in five-minute intervals in the following order: steel, aluminum alloy, tin, premium aluminum, copper, lead, zinc, nickel, and cobalt. Ring trading at the LME occurs between 11:40 am and 5:00 pm, however, inter-office telephone trading is available 24 hours a day.

Are tin prices coming down?

According to the October World Bank’s forecast, the average annual tin price will reduce by 0.8%, from $31,250 per tonne in 2021 to $31,000 per tonne in 2022. However, prices won’t return to pre-pandemic levels due to the high cost of energy resources.

Are tin prices going up?

It is estimated that the tin price will peak at 41,000 dollars per metric ton in 2022. That would be a significant increase compared to the 2021 price of tin, which was 32,384 U.S. dollars per metric ton.

Why did LME stop trading nickel?

LONDON — The London Metal Exchange said Wednesday it had been forced to halt the nickel market once again after a “systems error” allowed a small number of trades to go through below its newly imposed daily price limit. The LME said trades executed below the lower daily price limit would be canceled.

How much is a ton of Aluminium?

Unit conversion for Aluminium Price Today