"Indonesia, the world’s largest tin exporter, wants to displace the London Metal Exchange as the venue for setting the global benchmark by requiring that the metal be traded on a local exchange before export."
"Tin for delivery in three months outperformed the five other main base metals including copper and nickel on the LME over the past year as the Indonesian curbs worsened a global deficit."
"The global deficit is forecast to more than double from 6,000 tons this year to 13,000 tons in 2015, according to Standard Bank Group Ltd."
MLX Price at posting:
13.5¢ Sentiment: Hold Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)