Tin prices jumped 16.8% after reports that China is stockpiling the metal

Tin prices at the London Metal Exchange jumped 16.8% at the end of the session on Monday. The cost of the metal reached $29,625/t, up to $4,280. The three-month price ended at $24,385/t, which was a gain of $375 or 3.1%. That is a sign that the supply-demand situation is under strain as buyers tie up physical metal for immediate delivery. This development comes against a background of reports that China is stockpiling tin as part of its plan to become self-sufficient in semiconductors.

Four municipalities generate 42% of Bolivia’s wealth

Four municipalities in Bolivia - Santa Cruz de la Sierra, La Paz, Cochabamba and El Alto - generate 42% of the country's wealth, while 328 municipalities produce 45% of the Gross Domestic Product (GDP), according to the Jubilee Foundation. Of these 328 municipalities, 169 produce 40% of the country's wealth, while the remaining 159 generate only 5% of the total GDP.