MARKET TALK: LME Tin At Fresh High As Buying Continues

Light buying is seen underpinning LME tin going forward as low stocks and potential supply disruptions in Indonesia push prices higher still Monday, a broker notes. "The upside is limitless and given that the situation in Indonesia is unclear, the market's expected to be generally bullish until it hears otherwise," he adds. LME tin reaches a contract high of 11,200 a metric ton, up from $11,100/ton Friday, although illiquid conditions are exaggerating gains, the broker notes.