| Tin cancelled warrants on the London Metal Exchange have risen markedly in recent days, and now account for more than 50% of total inventory in listed warehouses for the first time since 2012, according to Leon Westgate, commodities strategist at Standard Bank.
"The warrant cancellations have helped lend support to outright tin prices, while the nearby spreads have also tightened up appreciably, with tom-next flaring out to $8 backwardation [on Tuesday]," Westgate said in a note...............................................Full Article: Source
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