Bloomberg reported that Indonesia, which is the world’s largest supplier of tin, is set to ship the least metal in 10 years, thus extending the supply shortage to a fourth year. It is expected that tin prices will rise 17% on the London Metal Exchange.
As quoted in the market news:
Tin climbed 22 percent in 2012, more than any other LME metal, after supply contracted the most since at least 2005.
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