Tag Archive | "commodities market"

Production Cuts from Indonesia Boost Tin

Wednesday, February 9, 2011

Reduced tin production from Indonesia has had a big effect on prices for the base metal. Fearing that the high prices will encourage a wave of new production, Indonesia has stated that it will limit production to 100,000 tonnes, which could cause a larger supply deficit in 2011, boosting prices even higher.

Tin prices fell 25% in third quarter

Monday, October 13, 2008

The base metals are down for the year, with tin and nickel suffering the most. Each has lost more than 25% in the last quarter. After Congress voted down the $700 billion bailout plan, tin prices hit their weakest level since September 18, dropping 6.3% to $16,680 on the LME.

Tin Price Chart
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