tin in backwardation

  1. 1,068 Posts.
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    Something funny is happening in the tin market. According to the UK press, one fund has acquired warrants over more than 90% of all phsical tin stocks on the LME in the last week. Combined with the fact that Indonesia has apparently started a fresh crack-down on illegal tin mining, and with the fact that Chinese imports have more than doubled so far this year, it could be that someone is taking a rather gutsy bet! Whatever, if it's true, it is hopefully a positive for MLX, particularly if their production difficulties are being successfully addressed.
 
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(20min delay)
Last
68.0¢
Change
0.020(3.03%)
Mkt cap ! $602.7M
Open High Low Value Volume
66.5¢ 69.0¢ 66.0¢ $2.512M 3.701M

Buyers (Bids)

No. Vol. Price($)
1 10000 67.5¢
 

Sellers (Offers)

Price($) Vol. No.
68.5¢ 50000 1
View Market Depth
Last trade - 16.10pm 14/07/2025 (20 minute delay) ?
MLX (ASX) Chart
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