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LME Tin Hits Record High, Technically Bullish; Supply Worries
Feb 15, 2011 09:06Feb. 15 -- London tin futures rallied to a record higher at $31,900 a tonne on Monday, supported by strong copper prices, worries about demand from top exporter Indonesia and a positive technical outlook.
Three-month tin on the London Metal Exchange rose $125 to $31,900 a tonne, extending its recent record-breaking run.
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