27.02.2014 - The other precious metal: Tin reaches 20-week high
Tin reached a 20-week high in London after a minimum price was set by the only exchange allowed to trade the metal before export from Indonesia, the world’s biggest shipper of ore. The tin committee at the Indonesia Commodity and Derivatives Exchange agrees on the price each Monday, according to Sukrisno, president director of PT Timah, the country’s biggest producer and a panel member. Rules requiring tin to be traded on the exchange before export took effect Aug. 30. Tin stockpiles tracked by the London Metal Exchange are at the lowest since January 2009...............................................Full Article: Source
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