The tin forward curve still has very good tin prices out for 15 months. No sign of a price collapse and prices would still be very profitable for MLX.
$A may be more of a problem down the track.
https://www.lme.com/Metals/Non-ferrous/LME-Tin#Trading+day+summary.
Lack of Broker Coverage, page-50
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Last
40.5¢ |
Change
0.005(1.25%) |
Mkt cap ! $367.0M | |||
| Open | High | Low | Value | Volume |
| 40.5¢ | 41.0¢ | 39.5¢ | $348.2K | 866.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 50 | 40.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 40.5¢ | 34179 | 2 |
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| Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
| MLX (ASX) Chart |