Tin Touches New High at US$32,800

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Investing News Network • April 18, 2011

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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