itri revises 2008 tin deficit substantially

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    High prices have had no effect on production levels unlike other base metals ,and in fact production has actually dropped due to poor grades from the two top producing nations ,Indonesia and China .


    Consultancy ITRI said the global tin supply deficit was forecast to reach up to 20,000 tonnes in 2008 due to falling supplies from Indonesia, revising up an earlier estimate of 12,000 tonnes.


    It also estimated refined output from Indonesia of 71,500 tonnes in 2008, down from 78,000 tonnes last year
 
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