More Media stories are hitting the mainstream. The message just keeps on getting louder and louder!
Apparently there’s a squeeze risk Forget Cocoa, Coffee. There's A "Squeeze Risk" Building In The Tin Market.Full story.
The Tin market is booming and even mainstream media (like CNBC) is starting to take notice of the often overlooked Critical Mineral. Tin prices have reached 2-year highs driven by a perfect storm of factors.
Supply is being squeezed by disruptions in major producing nations including Congo, Myanmar, and Indonesia. Moreover, supplies are running low. With most of the remaining metal already committed for delivery, LME stockpiles have dropped dramatically this year by 46%. Furthermore, as per the tradition, new contracts will need to be arranged in May.
Full CNBC story: Tin Prices At 2-Year High ( https://youtu.be/MvHXxYHEQt8?si=XgwQEBtU0HnV5ewe )
Anyhow, it will be a very interesting few months or so for all Tin players.
All IMO, DYOR GLTA(Patient)H
SRZ - Media, page-23
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1.8¢ |
Change
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Mkt cap ! $34.95M | |||
| Open | High | Low | Value | Volume |
| 1.7¢ | 1.8¢ | 1.7¢ | $4.639K | 270.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 748321 | 1.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.8¢ | 3343016 | 3 |
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