Commodities: Tin Jumps To Two-Month High

Bloomberg reported tin prices in London jumped to a two-month high on speculation that supply will trail demand after producers in Indonesia idled smelters.

As quoted in the market news:

On the London Metal Exchange, tin for delivery in three month climbed 2.9 percent to $19,500 a metric ton at 5:51 p.m. The metal reached $19,525, the highest since June 20. The commodity gained for the fifth straight session, the longest rally since late April.

Click here to read the full Bloomberg report.