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    Base Metals: Tin Drops to Four-Month Low

    Investing News Network
    May. 14, 2012 01:41PM PST
    Industrial Metals Investing

    Reuters reported on base metals trading on Monday noting tin fell dramatically.

    Reuters reported on base metals trading on Monday noting tin fell dramatically.

    As quoted in the market news:

    In other metals, tin shed $425 to close at $20,050 a tonne, having hit a four-month low of $20,007 a tonne earlier.

    Indonesia, the world’s largest tin exporter, plans to introduce new quotas to limit mineral exports, as well as a 20 percent duty on mineral exports by certain companies, Indonesian government officials said on Friday.

    Click here to read the full Reuters report.

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