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    market news

    Tin Touches New High at US$32,800

    Investing News Network
    Apr. 18, 2011 03:18PM PST
    Industrial Metals

    The Star reports that tin closed at US$32,600 in the London Metal Exchange.

    The Star reports that tin closed at US$32,600 in the London Metal Exchange.

    The market news is quoted as saying:

    The annual average LME cash settlement price for tin in 2010 was US$20,447 per tonne, the highest recorded since dollar-denominated trading on the exchange began in 1989. The average price was 50% higher than in 2009, the rise outstripping that of all the other LME metals.

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