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17.09.202515:21:24UTC+00Tin Rises Toward 5-Month High

In September, tin futures were priced at $34,900 per tonne, nearing their peak since early April, as supply concerns re-emerged among investors. This was set against the backdrop of persistently low output, despite the phased reintroduction of mining quotas after an extended halt in Myanmar, the leading producer. The significant Man Maw mine has remained inactive due to a resource audit, dampening optimism about a potential restart. This situation is exacerbated by regional bottlenecks linked to the rainy season and compounded by infrastructure destruction caused by a severe earthquake. Additionally, operational challenges in the Democratic Republic of Congo and reduced export permits from Indonesia have further strained supply. Meanwhile, China's latest macroeconomic indicators, the world’s largest tin consumer, underscored tepid demand for manufactured goods, with industrial production slowing beyond expectations and PMI readings indicating a contraction in manufacturing activity.

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