Feels like a lot of speculative positions are getting washed out in many different markets. July could be an interesting month for reading fund newsletters.
As for tin, it did bounce back a little in SHFE night session to close at CNY 260,500 which translates to US$ 32,325 (ex-VAT) with about 41kt traded. The question is why is LME so weak with a close of US$ 31,000 and only 6kt traded?
MLX Price at posting:
44.5¢ Sentiment: Buy Disclosure: Held
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