Reuters reported that after being the LME best performer for 2012, tin is now down 1.5% at $24,625 a ton.
As quoted in the market news:
Tin (is) struggling to hold above $25,000. A 600 tonne increase in on-warrant (LME stocks) stocks this morning has added to the sense that prices are indeed consolidating for the time being,” said Standard Bank in a note.
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