The input supply of tin is adequate, however the output supply is often where the shortfalls lie apparently.
Will try to find the data again, as the true tin prices vs input supplies are about as clear as mud.
Fortunately, the market trades only on what it sees in the futures contracts, and a truly interesting data set would what the true CIF or FOB prices MLX is achieving, and the current FCF per tonne.
I could do the homework myself, but I'm too stupid and am only able to look at stupid squiggly lines on a screen...
The input supply of tin is adequate, however the output supply...
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Last
50.0¢ |
Change
0.030(6.38%) |
Mkt cap ! $448.3M | |||
| Open | High | Low | Value | Volume |
| 47.5¢ | 50.3¢ | 47.5¢ | $1.275M | 2.580M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2600 | 49.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 50.0¢ | 306346 | 5 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| MLX (ASX) Chart |