LME FOCUS - Tin to challenge 1989 highs with all eyes
on Indonesia
Perrine Faye - Tin equalled its highest level since
1989 on Monday with $12,000 now seen as the next
upside target, due to uncertainty over supply in key
producer Indonesia. "It's all about Indonesia and the
smelters' operations there....
LME CLOSE - Markets mostly firmer, nickel and tin near
new highs
Martin Hayes - Base metals mostly moved higher during
late Monday trading on the LME, pulled up by CTA
buying and covering, with firm closes seen in nearly
all markets. Technically-based buying was the main
driver, although nickel an....
NICKEL ENDS LME 3.6 PCT HIGHER, TIN GAINS 3.4 PCT,
LEAD JUMPS 5.4 PCT
22 Jan Official
Prices Cash Ask 3m 15m Cash Ask 3m
15m
Copper 5481 5541 5260 Lead 1659 1635 1413
Aluminium 2850 2724 2528 Tin 11900 11700 11125
Nickel 38650 36550 28475 Al.Alloy 2230 2240 2290
Zinc 3652 3621 3218 NASAAC 2200 2230 2310
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