Tin affected by global downturns

Market News

Tin Investing News reports global markets affected by the recent turmoil with tin prices falling as demand for raw materials decreases. Tin was the best performing metal on the LME this year, but has now dropped 41% from its record high of $25,500/tonne reached in May. Up until last week, the metal was up for …

Tin Investing News reports global markets affected by the recent turmoil with tin prices falling as demand for raw materials decreases.

Tin was the best performing metal on the LME this year, but has now dropped 41% from its record high of $25,500/tonne reached in May. Up until last week, the metal was up for the year due in part to decreasing supply from the world’s two largest producers, China and Indonesia.

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