Tin Plunges On PT Timah Restart

Reuters reported tin prices plunged as PT Timah announced it will restart selling spot prices.

As quoted in the market news:

The announcement that PT Timah – the largest tin miner in the world’s biggest refined tin exporting country – had restarted spot sales knocked three month tin prices, which fell to as low as $19,450 a tonne, a slide of 6.9 percent, and closed 6.1 percent weaker at $19,620.

Prices had shot up 13 percent last week on news that more than 90 percent of Indonesian tin miners had stopped production.

Click here to read the full Reuters report.

Get the Latest Tin Investing Stock Information

Get the latest information about companies associated with Tin Investing delivered directly to your inbox.


By selecting company or companies above, you are giving consent to receive email from those companies. And remember you can unsubscribe at any time.

FREE Report - How Will Trump Affect Your Gold Investments? 

Trump’s policies are affecting gold. You should know what’s going on. Click here to get our FREE report.

Click here to get your free report!

Discover what the experts see coming in the Age of Trump with our INN Insider's Report free of charge! Includes expert insights into Trump and his effect on mining and gold.


Leave a Reply