Copper edged down amid light selling and quiet trading conditions with Chinese players on a week-long holiday celebrating the Lunar New Year.
Tin hit a new contract high of 13,450 usd a tonne amid falling inventories and continued concerns over supply disruptions in Indonesia.
At 12.57 pm, LME copper for three-month delivery was down at 5,740 usd a tonne having shed 5 usd to settle at 5,805 yesterday.
'There's a relative lack of buying interest partly because of the Chinese holiday,' said Triland analyst, Roy Carson.
Tuesday, February 20, 2007
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