Production cutback pumps tin price

- May 13th, 2009

Tin Investing News reports tin prices gained about 18% on the LME last month. Demand is not the key factor behind the rising tin prices, traders said. It is the production cutback that have played the role of a catalyst in pushing prices higher. The overall rally and bullish sentiment across base metals has also … Continued

Tin Investing News reports tin prices gained about 18% on the LME last month.

Demand is not the key factor behind the rising tin prices, traders said. It is the production cutback that have played the role of a catalyst in pushing prices higher. The overall rally and bullish sentiment across base metals has also supported the trend.

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