But still above 19,000 USD.
the 3 month futures price has fallen to 18750... which gives is a spread of $453 which is huge. Speaks to concerns over supply. the price drop is the LME finding 905 tonnes off market to bring into the warehouse...... LME and its dogdy games. should stabalise around 19000 a ton and then pivot north into june... however tin will tell.
ANW Price at posting:
1.3¢ Sentiment: Buy Disclosure: Held
