As with other industrial metals, the spot price of tin is correlated with inventory levels on the supply side and the global economic recovery on the demand side. Over the last year the spot price of tin on the LME has moved from an average price last April of US $12165.8 per tonne to a current valuation of US $18695 per tonne, a gain of almost 54 percent.
Continue reading "Tin Prices: Climbing the Ladder of Recovery"
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Tuesday, April 13, 2010