Base Metals: Tin Untraded

Reuters reported on base metals trading on Friday noting tin remained untraded on expectations of higher production.

As quoted in the market news:

Tin was untraded at the close, but bid at $21,500 from Thursday’s close of $21,375.

Refined tin output at PT Timah, Indonesia’s largest tin miner, was forecast to rise by as much as 18 percent this year, an official at the company said on Thursday.

Click here to read the full Reuters report.