Tin Gets A Gentle Nudge

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Mon, Apr 6, 2009

Natural Resource Market News
Post by Melissa Pistilli, Resource Reporter

Tin Investing News reports tin is doing well with the resurgence of the global markets.

Traders said tin prices were up partly because of the re-emergence of a dominant position controlling more than 90 per cent of warrants on the London Metal Exchange stocks. The dominant holding is also why the premium for cash material over the three-month contract has jumped back above $200 a tonne from near $100 in the previous session.

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