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LME Tin Remain Untraded, Bid At $19,350

Written by Investing News Network
|
Aug. 31, 2012 11:41AM PST

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.

pt timah
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