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CNBC reported industrial metals, like tin, rose in prices on Thursday supported by China’s wave of stockpiling.
CNBC reported industrial metals, like tin, rose in prices on Thursday supported by China’s wave of stockpiling.
As quoted in the market news:
Hit by slowing economic growth, China’s smelters are lobbying the government to revive a state-run scheme to stockpile industrial metals, which would support prices and possibly lead to a surge in imports, industry sources have said.
Tin was at $18,450 from $18,105 at the close on Thursday…
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