Tin Falls Highest in a Week on China Property Woes

Industrial Metals

Bloomberg reported that tin declined most in a week and lost as much as 1.3% on the London Metal Exchange on news that further property limitations in China may hurt demand.

Bloomberg reported that tin declined most in a week and lost as much as 1.3% on the London Metal Exchange on news that further property limitations in China may hurt demand.

As quoted in the market news:

Tin for delivery in three months lost as much as 1.3 percent, the most since March 20, to $22,901 a metric ton on the London Metal Exchange. It traded at $22,975 at 10:30 a.m. Shanghai time.

Click here to read the full Bloomberg report.

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