Reuters reported that after rising 6 percent on Monday to close at $22,970 per tonne, three-month tin dropped. Monday’s rise was caused by a fall in Indonesia’s November shipments of refined tin.
As quoted in the market news:
“We would expect tin prices to be fairly choppy over the next few days as long-term, technical funds buy dips and trade/macro players look to sell any rally,” RBC said in a research note.
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