Passage 2
The price of tin on the European spot market rose to 4, 400 pounds per ton, reflecting widespread production cuts in the world tin industry, at a two-day meeting in Indonesia,the association of tin-producing countries, whose members re
Passage 2
The price of tin on the European spot market rose to 4, 400 pounds per ton, reflecting widespread production cuts in the world tin industry, at a two-day meeting in Indonesia,the association of tin-producing countries, whose members represent 70 percent of world tin output, decided to strengthen their co-operation in a bid to stabilize tin prices and to call on the United States to limit sales of tin from its strategic stockpile. Platinum progressed at the outset on concern about strike action in South African mines but quickly fell victim to profit-taking as work resume.
What is profit-taking in business?
to profit in a price fluctuation on an exchange by selling what one has bought at a lower price when the price goes up.
扫描二维码免费使用微信小程序搜题/刷题/查看解析。
版权声明：本文由翰林刷题小程序授权发布，如需转载请注明出处。