Tin Untraded on Positive U.S. Economic Data

- December 22nd, 2011

Reuters reported tin remained untraded as other base metals moved up on positive data from the U.S.

Reuters reported tin remained untraded as other base metals moved up on positive data from the U.S.

As quoted in the market news:

Tin was untraded at the close, but bid at $19,200, flat from Wednesday’s close.

The Indonesia Commodity & Derivative Exchange’s soon-to-be launched physical tin contract will go ahead as planned, despite in-fighting at the smelter association which is supposed to provide material for the contract, an official said on Thursday.

Click here to read the full Reuters report.

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