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
43.0¢ |
Change
-0.015(3.37%) |
Mkt cap ! $389.6M | |||
| Open | High | Low | Value | Volume |
| 44.5¢ | 44.5¢ | 42.5¢ | $649.0K | 1.486M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 126713 | 43.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 43.5¢ | 103 | 1 |
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| Last trade - 16.10pm 01/08/2024 (20 minute delay) ? |
| MLX (ASX) Chart |