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Indonesia Tin Exports May Fall 50% on Price Drop

Investing News Network
Sep. 23, 2011 03:23PM PST
Industrial Metals Investing

Reuters reported tin shipments from Indonesia may fall by over 50 percent to 40,000 tonnes per year.

Reuters reported tin shipments from Indonesia may fall by over 50 percent to 40,000 tonnes per year.

The market news is quoted as saying,

Tin , mainly used in solders for electronics, struck a record high above $33,000 in April but like other base metals, has slumped to its lowest level in more than one year amid a bleak outlook for the global economy.

For the complete market news, click here.

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