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Reuters reported base metals dropped, except tin,as threats to the global economy gave rise to a bearish mood among investors.
Reuters reported base metals dropped, except tin,as threats to the global economy gave rise to a bearish mood among investors.
The market news is quoted as saying,
Physical premiums for tin have jumped after Indonesian smelters agreed on a full export ban from Oct. 1 following tin’s steep price correction this month.
But smelters may have to remain shuttered for an extended period before igniting a strong price response, Standard Bank said in a note.
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