Scarcity keeps tin strapped to the roller coaster

A tin miner doing the dulang works at a tin mine at Ipoh lostworld of tambun.(26th SEPT 2021) - RONNIE CHIN/The Star

LONDON: Another week, another wild ride on the tin roller coaster.

London Metal Exchange (LME) three-month tin hit an all-time high of US$36,830 per tonne last Friday, slumped by 12% to $31,305 on Thursday and has whipsawed back to $34,290 this Friday afternoon.