Tin exports may fall
13 February 2007
China, the world's largest producer of tin, may cut exports of the refined metal by 10% this year, further depleting global stockpiles that are at their lowest since November 2005, Bloomberg reported. China's exports of tin dropped 12% in 2006 to 19,000 metric tons due to rising domestic demand and higher export taxes. Global tin consumption increased 9% last year and prices climbed to record highs as Indonesia, the world's second-biggest producer, also reduced its exports.
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