Tin, a metal extensively used in manufacturing sector, plunged the most in more than seven years in London following a massive selloff in China’s onshore commodity market, as sentiment has soured on signs of economic slowdown.
The commodity dropped 6.3 per cent to settle at $17,700 a metric ton on the London Metal Exchange, the biggest drop since September 2011. The decline tracked a sharp slump in prices as the . . .
To continue reading, please subscribe. You will get
- Original and in-depth reporting on China's economy and financial markets
- Details, data and perspectives you don't read elsewhere
- THE WIRE - a Real-Time News platform that delivers everything important about China's economy, companies, stocks, bonds, commodities and the yuan.
- Daily Brief newsletters to get you prepared for every trading day
We highly value independence. We are solely funded by subscriptions from thousands of readers like you.
Already have an account? Sign In