06.01.2015 - Tin Outlook 2015: Reduced Chinese Supply Could Help Prices
The last two years have promised much for the price of tin , and while the metal didn’t live up to the hype expected in 2014, 2015 could prove to be the year that changes. Tin hit a 15-month low of $19,000 per tonne during October, according to Reuters, and in November it was competing with copper and lead to be the worst performer of the year. Despite that disappointment, experts throughout the industry are once again rallying behind tin for the coming year. While recognizing that tin has hit new lows in recent months, Barron’s reported recently that the metal is set for a turnaround in 2015. Analysts predict Indonesia and China will have a harder time mining tin due to declining ore grades; meanwhile, demand is set to increase thanks to the expanded use of tin in new electronic products...............................................Full Article: Source
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