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Reuters reported on base metals trading in China on Friday, noting tin plunged downward.
Reuters reported on base metals trading in China on Friday, noting tin plunged downward.
As quoted in the market news:
Tin plunged $530 to end at $23,475 a tonne.
China has raised a resource tax on iron, tin, molybdenum, magnesium, talc, and boron in a move aimed at conserving resources and curbing pollution, an official newspaper said.