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Reuters UK reports tin is expected to return to the record high it hit in April later this year as demand in China rises.
Reuters UK reports tin is expected to return to the record high it hit in April later this year as demand in China rises.
The market news is quoted as saying,
Analysts say China’s economy is set to grow and its demand for tin to increase as long as the global economy avoids a recession. That demand will also get a boost as China takes advantage of cheaper pricing in Europe to turn net importer following months of exporting large quantities of the metal.