The LME postponed the resumption of tin trading.

The London Metal Exchange, which had planned to resume tin trading next Monday, set no new date for resumption. Trading was suspended Oct. 24. The exchange made the announcement following a meeting of bankers at which a rescue package for the debt-ridden industry was discussed. Adam Ridley, a spokesman for the bankers, did not disclose the size of the rescue package. However, traders said the deal could total $1.3 billion.

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