Tin is the top base metal pick for 2014 as increasing global demand outstrips supply, according to Morgan Stanley, which highlighted a decline in inventories and China’s role as a net importer.
“You’ve got recovering electronic demand for lead-free solder, you’ve got substantial reduction in inventory that’s taken place over the course of this year,” said Peter Richardson, Melbourne-based chief metals economist. “China is no longer self-sufficient in refined- or mined-tin production.”.........................................Full Article: Source
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