The semiconductor metal price rose to as high as $22,360 per tonne in the morning of Thursday. By 9am, tin’s three-month price had retreated slightly but remained above the key threshold at $22,060 per tonne, a 2% gain on Wednesday’s 5pm closing price.
This follows a 2.2% increase on Wednesday, when it rose to $21,633 per tonne from Tuesday’s closing price of $21,163 per tonne.
Tin has been on an upward trend since the start of the year, having closed at $21,049 per tonne on January 4, due to increased demand and...
