Tin Shipments Resume From Indonesia

Industrial Metals

Reuters reported tin prices may fall as Indonesia resumes tin shipments.

Reuters reported tin prices may fall as Indonesia resumes tin shipments.

As quoted in the market news:

A resumption in tin shipments from Indonesia, the world’s top exporter, could weigh on prices that rallied more than 10 percent in September in part as markets responded to a halt in exports.

Refined tin exports gained 75 percent last month to 9,874.47 tonnes from 5,645.87 tonnes in August, a trade official said.

LME three-month tin ended 0.3 percent firmer at $21,900 per tonne.

Click here to read the full Reuters report.

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