Prices of the soldering metal earlier in the day touched $31, 620 a tonne, the highest since May 2011. (Tin ingots at MMC. - Filepic)
LONDON: Tin prices rose to their highest in more than a decade on Friday as expectations of severe shortages due to supply and shipping disruptions created by COVID-19 restrictions fuelled another speculative buying frenzy.
Benchmark tin on the London Metal Exchange was up 1.1% at $31, 545 a tonne at 1557 GMT.
Already a subscriber? Log in.
Get 30% off with our ads free Premium Plan!
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
