London Metal Exchange tin rallied to a record high on Wednesday, supported by gains in other metals and worries about supply from top exporter Indonesia.
Benchmark tin rose $55 to $28,250 a tonne, while copper rallied 1 percent to $9,343, paring sharp losses in the previous session.
Heavy rains and floods caused by the La Nina weather anomaly have hit tin miners in Indonesia, squeezing supply from the world's top exporter of the metal. Source: Reuters
Benchmark tin rose $55 to $28,250 a tonne, while copper rallied 1 percent to $9,343, paring sharp losses in the previous session.
Heavy rains and floods caused by the La Nina weather anomaly have hit tin miners in Indonesia, squeezing supply from the world's top exporter of the metal. Source: Reuters
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