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Indonesia Tin Exports Fall for First Time in 3 Months

Investing News Network
Jan. 11, 2011 11:31AM PST
Industrial Metals Investing

Bloomberg.com reports that Indonesian tin exports have experienced their first decline in 3 months, because of bad weather.

Bloomberg.com reports that Indonesian tin exports have experienced their first decline in 3 months, because of bad weather.

The story is quoted as saying:

Falling supplies may help support the price of the metal used in soldering and packaging, which has fallen 4.2 percent from a record high of $27,350 a ton on Nov. 9. Tin for three- month delivery on the London Metal Exchange slid 0.9 percent to $26,210 a ton at 4:24 p.m. Jakarta time.

To access the full story, click here.

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