Reuters reported tin prices may fall as Indonesia resumes tin shipments.
As quoted in the market news:
A resumption in tin shipments from Indonesia, the world’s top exporter, could weigh on prices that rallied more than 10 percent in September in part as markets responded to a halt in exports.
Refined tin exports gained 75 percent last month to 9,874.47 tonnes from 5,645.87 tonnes in August, a trade official said.
LME three-month tin ended 0.3 percent firmer at $21,900 per tonne.
“Resource Forecast 2016 – Expert Opinions Covering Precious Metals, Energy, Critical Metals, and More”
Click here to discover what the experts see coming in 2016 and beyond with our INN Insider's Report (value of $49) for FREE. Limited time offer. No credit card required.