(Jan 14): Base metal markets roared higher on Wednesday, extending a powerful start to the year’s trading, with both tin and copper rallying to records. Tin is the least-liquid market on the LME, and can be subject to periods of dizzying volatility. As with other metals, supply disruptions have also spurred the bulls, with uncertainties over exports from second-biggest producer Indonesia still stalking the market. Despite the surge in prices, the tin market has yet to indicate physical tightness, with stockpiles held in LME-tracked sheds having risen to the highest in 11 months. Tin traded 5.2% higher at US$52,085 a ton on the LME at 12.13pm Shanghai time on Wednesday.

Source: The Edge Markets January 14, 2026 06:01 UTC