Tin Seen Destined for Cycles of Thin Trading and Wild Prices
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Tin collapsed 11 percent last week. It’s now poised to end this week with its biggest gain since 2013.
The whiplash isn’t all about mine closures, export bans or smelter shutdowns. The least-traded base metal is stuck in a cycle of volatility as thin volumes and wild prices deter liquidity that typically smooths trading action, according to Vantage Capital Markets.