Tin Rises to an 11-Month High

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Tin Market Update (Januar… »

Investing News Network • January 9, 2013

Bloomberg reported that as the demand for metals increase, tin has risen to an 11-month high, with a 2% increase.

As quoted in the market news:

The Standard & Poor’s GSCI gauge of 24 commodities fell 0.1 percent to 649.31 at 4 p.m. in New York. The UBS Bloomberg CMCI index of 26 raw materials slid 0.1 percent to 1,572.228.

Tin for delivery in three months jumped 2 percent to $24,645 a ton.

Click here to read the full Bloomberg report.

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