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http://agmetalminer.com/2013/01/21/the-tin-metal-market-is-it-the...

  1. 3,608 Posts.
    http://agmetalminer.com/2013/01/21/the-tin-metal-market-is-it-the-new-copper/

    Extracts

    Copper bulls love to point to Chinese demand and a constrained supply market to support the assertion copper prices should be higher, but in fact a far tighter supply market can be found in another base metal – tin. And as for demand, China imported 28,000 tons in the first 11 months of 2012, an annual all-time high and up 45 percent from 2011....

    The sad fact is ore grades are dwindling and new mines are few and far between. Production from Peru slid 10.5 percent to 19,517 tons and from Bolivia by 7.3 percent to 6,487 tons in the first nine months of 2012.

    http://agmetalminer.com/2013/01/22/the-price-of-tin-its-all-about-boom-and-bust/

    So if Indonesia controls the bottom of the market, then China can be said to control the top. Even so, many observers are expecting further strength in the tin price this year.

    Edward Meir, senior commodities analyst with INTL FCStone, is quoted in Resource Investing News as saying he could see the price up to $28,000 per ton this year, but with the average around $23,300 per ton. today's metal prices - MetalMiner IndXWayne Bramwell is more bullish, saying the price could be above $30,000 by the time his project comes on-stream in 2015. With the supply market as tight as it is, it would not take much of a global recovery to prove him right.
 
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