Base Metals-Tin Rallies

Reuters reports tin rallied 5 percent to a one-week high at $24,950 a tonne in Indonesia.

The market news is quoted as saying,

Tin CMSN3 rallied 5 percent to a one-week high at $24,950 a tonne at onepoint on after Indonesia said it would impose a new royalty charge on all tinshipments and only allow the export of refined tin.

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