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Global tin prices may fail to keep momentum

Posted on 23 April 2014

Global tin market is facing a shortfall since 2010. According to the Hindu Business line, the condition will prevail for the coming years. The regulations imposed by the Indonesian government on tin trade are the main reason behind the deficit of the metal. This is due to the minimum bid price set by a committee for Indonesian tin each week which is above LME price.
Experts say that the traders cannot cope up with that price as long as there is limited availability of tin in other exchanges. Global Tin demand is expected to remain strong in the forthcoming years. However, many experts analyze that the prices of the metal will lose its momentum………………………………………..Full Article: Source


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