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Commodity market

about 1 month ago

Analysis of Tin Price Surge on the London Metal Exchange

Recent market developments have seen a notable increase in tin prices on the London Metal Exchange (LME). As of Friday at 02:41 GMT, tin prices reached USD 37,100 per metric tonne—the highest level since June 8, 2022. This surge is primarily driven by Alphamin Resources deciding to suspend operations at its tin mine in the Democratic Republic of the Congo due to escalating security concerns linked to advancing rebel forces.

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Commodity market

Noah@SmartInvest

about 1 month ago

Analysis of Tin Price Surge on the London Metal Exchange

Shares Commodities Indices

Recent market developments have seen a notable increase in tin prices on the London Metal Exchange (LME). As of Friday at 02:41 GMT, tin prices reached USD 37,100 per metric tonne—the highest level since June 8, 2022. This surge is primarily driven by Alphamin Resources deciding to suspend operations at its tin mine in the Democratic Republic of the Congo due to escalating security concerns linked to advancing rebel forces.

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