.... What are posters predictions of how low SP will drop? .......

.... What are posters predictions of how low SP will drop?
.... 30c or lower to hit bottom?

Great link thanks Raving Stark
- Low Tin prices, smelting plants moving into annual maintenance
- COVID disruption in mining, transport and supply esp from Myanmar
- Reducing stock levels (1/4 of original size)
.... So it seems like a recipe for a temporary fall in price during maintenance until end of July/early August, and then a tin price correction based on supply and demand
.... Continued demand for tin is based on its role as a key technology metal, supply is compromised

https://www.internationaltin.org/producers-pull-back-as-chinese-price-plunges/
"Yunnan Tin – the world’s largest tin producer – will close for 45-50 days beginning 16 June
Based on information from around 17 smelters surveyed, ITA estimates that the utilization rate of Chinese smelters will fall significantly from mid- to late-June.
Lost production caused by maintenance to the above smelters is estimated to exceed 12,000 tonnes until the beginning of August.
Output should begin to recover significantly in late July as Yunnan Tin restarts its furnaces.
Much of the tin concentrate imported from Myanmar so far this year has been supplied from the Wa government’s stockpile.
However, the stockpile is now less than a quarter of its original size.
This low level, combined with lower prices, will likely see this source temporarily dry up in the near future.
Difficulties mining in Myanmar may also challenge smelters’ purchasing departments post-restart."