Tin Ends Down on Indonesian Export Ban

Industrial Metals

Reuters Africa reported tin and other base metals dropped on Friday on Indonesia’s announcement it will ban the trade of raw metals in 2014.

Reuters Africa reported tin and other base metals dropped on Friday on Indonesia’s announcement it will ban the trade of raw metals in 2014.

As quoted in the market news:

In other metals, tin ended down $355 or 1.4 percent at $25,045 a tonne.

Indonesia, the world’s top tin exporter, said it will ban outbound shipments of some unprocessed metals, including copper, nickel, tin, bauxite and zinc, from 2014.

Click here to read the full Reuters Africa report.

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