Tin and Copper Smash Records as Base
Bloomberg.com • • general
Key Points:
- Base metal markets experienced significant gains, continuing a strong start to the year with notable rallies in tin and copper prices.
- Tin prices surged up to 6% to $52,495 per ton on the London Metal Exchange, nearing a 30% increase since the beginning of the year and surpassing the 2022 peak.
- Copper prices climbed above $13,000 per ton, contributing to the overall bullish trend in base metals.
- Other metals including nickel, zinc, and aluminum also recorded price increases amid the market rally.
