More media on the growth of Tin. From Bromby's article in the Australian today ....
ABN AMRO, together with London's Virtual Metals, issued a detailed study on tin just a few days ago.
"Tin's impressive performance among base metals is long overdue," it began. By the end of August, the metal had risen by 21 per cent since the start of the year (that was to $US21,475/tonne - a level already history) and 53 per cent up year-on-year.
The reported noted that, while tin volumes on the LME are dwarfed by those of copper, zinc-lead and nickel, it is still a vital industrial metal, particularly since the demise of lead in electronics soldering.
"The global tin market remains in chronic supply shortfall that can ultimately be traced back to the tin price collapse some 25 years ago," it continued. And the conclusion: tin now faces what might be a prolonged period of price strength due to a worsening supply shortfall that might persist for years to come.
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Price($) | Vol. | No. |
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