| Tin has been “the worst performer among the base metals” on the London Metal Exchange in the first half of this year, according to brokerage Triland’s quarterly metals report. The category I LME member has therefore revised its 2015 price forecast to an average of $16,000-19,000 per tonne, down from $18,000-21,000 per tonne previously.
"Towards the end of the second quarter, prices were trading at the lowest level since September 2009, and real support has yet to be found," Triland said in the report. Tin shipped out of Indonesia dropped year-on-year in May, and year-to-date exports were down 6.6% to 31,019 tonnes. ..............................................Full Article: Source
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