BEIJING, Sept 5 (Reuters) – Tin prices jumped in Shanghai and London on Thursday after some of the world's top refined tin producers said they would cut production this year following a recent slump in prices for the metal.
In total, producers including the world's top two – China's Yunnan Tin and Indonesia's PT Timah – will reduce production by around 30,000 tonnes this year.
Estimates of global tin supply this year previously ranged mostly between 350,000 and 380,000 tonnes, meaning around 8% of supply is coming out of the market. ...
Welcome to the Tin revolution as we head into the rest of 2019 and 2020....
Tin, page-41
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