Proposed new tin, nickel load-out rates "too small" - market participants

May 02, 2012 | 08:53 AM |

Recommendations for the requirement at least 60 tonnes of nickel and/or tin to be delivered out of London Metal Exchange warehouses daily do not go far enough, tin market participants told Metal Bulletin. The LME has accepted the recommendations in principle, in response to concerns over queues for metal, but traders have said the proposed new rates will not go all the way to solving the problem.  “I think that the LME’s....

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