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RR1:AU
Rights Issue and Shortfall
LME Tin Remain Untraded, Bid At $19,350
Aug. 31, 2012 11:41AM PST
Tin InvestingReuters 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.
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