The cost of tin has increased a record

Cost of tin with delivery in three months during today's trading on the London Metal Exchange rose by 1,1% and amounted to 32.915 tons, which is a record. On it informs Bloomberg. In turn, the copper price during the auction increased by 1.8% to 9.8395 thousand dollars per ton, which is the highest result since 7 March. By the way, according to the World Bureau of Metal Statistics, the global shortage of tin in 2010 increased to 16 tons. According to estimates of production of tin in the world last year grew by 1,3%, to 313 thousand tons. Production of refined metal rose by 7,2%, to 357 thousand tons, while its consumption increased by 15.5% to 373 thousand tons. In addition, the organization revised deficit of tin in the world in 2009. According to new data, he has made 10 thousand tons, not 10.2 tonnes as previously assumed. According to the International Tin Research Institute, the world consumption of tin in 2010 compared with 2009 increased by 13% to 360 thousand tons. According to experts' estimates of metal consumption in China last year reached 147 thousand tons. Ministry of Industry