The LME 3-month tin price was US$19,130 on 18 October, the date of the last Tin Monitor. As of 12 December, prices are pretty much unchanged at $19,225. However, the tin price has shown some movement in the intervening period in reaction to a variety of market news, rising to a daily peak of $19,585 on 20 November, likely in response to ongoing concerns about supply disruption in Indonesia and China, before falling to a low of $18,400 following concerns about US-China trade ahead of the G20 summit and a weaker outlook for Chinese tin demand in 2019. The price quickly rebounded following the agreement of a 90-day delay to further trade tariff escalation between the US and China to allow for further trade negotiations, boosting most metals markets.
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