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    market news

    LME Tin Remain Untraded, Bid At $19,350

    Investing News Network
    Aug. 31, 2012 11:41AM PST
    Industrial Metals

    Reuters reported tin was untraded in rings but last bid at $19,350 per tonne versus Thursday’s closing price of $19,600 on the London Metal Exchange.

    Reuters reported tin was untraded in rings but last bid at $19,350 per tonne versus Thursday’s closing price of $19,600 on the London Metal Exchange.

    As quoted in the market news:

    The metal slumped nearly 7 percent on the week — its biggest weekly drop in almost a year.

    Indonesia’s largest tin miner PT Timah said on Wednesday it had re-started spot sales after a three-week stoppage.

    Click here to read the full Reuters report.

    market newspt timah
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