If we can end the week , closing strongly over the 200 day ma, on a hollow white candle, WITH volumes, things would look a whole lot more promising.
The Chinese opening rumour still has legs, so while that is in play, Tin looks to want to strike the 20k/ T mark. Weakness in the USD helps as well.
What are your thoughts should the Indonesian government decide to withhold much of their tin exports to China, as of next year?
Will they control supply and move the Sn price north, even though it is, in reality, around 20% of current market supply?
Are they willing to stop the export arbitrage, for the sake of future expansion into production?
How long would this transition take, in reality??
What is YOUR opinion on the mid to longer tin supplies , as transition, if any, takes place??
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