Yep Tin still hasnt had the attention it deserves and inventories on LME are the lowest in 6 weeks. The backwardation gap on the 3mth has reduced to under $1k which tells me the market is expecting TIN continue on its quiet path.
The Copper price is also amazingly up over $12,500 AUD ...come on CYM turn that plant on !!!
Those recent CYM options will be worth cashing in if CYM moves past 40c in the next years on a continued Copper bull run.
MLX at .23c open today sure has me scratching my head
Tin price, page-291
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Last
40.5¢ |
Change
-0.025(5.81%) |
Mkt cap ! $367.0M | |||
| Open | High | Low | Value | Volume |
| 43.0¢ | 43.0¢ | 40.5¢ | $932.9K | 2.253M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 224951 | 40.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 41.0¢ | 26587 | 4 |
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| Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
| MLX (ASX) Chart |