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tin 2014 outlook

  1. 3,608 Posts.
    http://tininvestingnews.com/3127-tin-outlook-2014-deficit.html
    extracts

    2014 tin outlook

    Industry group ITRI predicts that the global tin deficit will rise to 12,400 tonnes in 2014, nearly double the 7,400-tonne deficit seen in 2013.
    Furthermore, no new tin mines will come into production in 2014.

    “and in fact we will probably have five years in a row where demand exceeds supply.”

    During that time, he sees tin prices perhaps rising as high as $30,000 to $40,000 per tonne. In that scenario, financing for tin projects will likely be easier to come by, meaning that the new projects discussed above will be more financially feasible.

    All in all, tin seems to be shaping up to be a breath of fresh air in today’s battered markets.
 
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