LME copper rises $147 to $14,474/t; tin leads gains

Broad-based gains across the LME complex, with tin's outsized move standing out against copper's more measured advance, point to a shared macro or sentiment driver rather than a single-metal story. Tin's leadership matters most because it is a thin, supply-sensitive market where relatively small flows can move the price sharply, so its outperformance may say more about positioning than about underlying demand. Cobalt's flat close is the notable outlier, suggesting the buying was selective rather than an indiscriminate bid across battery and industrial metals. Whether tin's lead persists or fades back toward the rest of the complex is the open question.