Wednesday, July 18, 2007

Tin Price Rises to Highest Since at Least 1989 in London After Shortfall

(Bloomberg) -- Tin rose to its highest since at
least 1989 on the London Metal Exchange, buoyed by a report that
demand exceeded supply in the first five months of the year.

Tin for delivery in three months increased $230, or 1.5
percent, to $15,175 a metric ton as of 6:29 a.m. in London. The
contract has gained 32 percent this year, the second-best
performer on the exchange after lead.


Read more at Bloomberg Commodities News

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