Day traders won't be too fussed re PFS/BFS etc. They will see the pressure building and will position themselves to profit from it. Capping by funds won't work anymore. Pressure is too great. The price of tin is driven by lack of supply coupled with strong demand. Until the world producers more tin, or a substitute for solder is discovered.... i can't forsee Tin returning to prices of a year ago. Other base metals have thousands of mines supplying product from dozens of countries. Tin is a diffrenent matter entirely. Sure... speculators are playing their part. But fundamentals are also driving this sucker. However, the price-rise has been so unrelentent for sooo long... it will be studied by analysts/chartists for ages as an example of what happens when shortages are ignored for years. SUDDENLY the wheels come off!! Happening in food/fibre crops as well.
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1.3¢ |
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Mkt cap ! $34.72M |
Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 1332417 | 1.2¢ |
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Price($) | Vol. | No. |
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1.3¢ | 1155556 | 5 |
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No. | Vol. | Price($) |
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8 | 1332417 | 0.012 |
16 | 3427454 | 0.011 |
17 | 3327099 | 0.010 |
8 | 5898333 | 0.009 |
6 | 3766996 | 0.008 |
Price($) | Vol. | No. |
---|---|---|
0.013 | 1155556 | 5 |
0.014 | 993221 | 6 |
0.015 | 898059 | 4 |
0.016 | 1374330 | 5 |
0.017 | 260000 | 3 |
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