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Bloomberg reports Natixis Commodity Markets Ltd. lowered estimates for tin’s average price for next year.
Bloomberg reports Natixis Commodity Markets Ltd. lowered estimates for tin’s average price for next year.
The market news is quoted as saying,
Tin will average $29,850 a ton this year, below the prior estimate of $31,500, Natixis said. It cited “the extent and persistence of the recent correction exceeding” expectations and said its “underlying view on tin’s market fundamentals remains positive.”