Tin stocks starting to get noticed again.
Robin Bromby also talking up Tin in his article today.....
Meanwhile, BNP Paribas has issued a metals update titled ?Tiny tin is still the scary chosen one?. The metal has fallen a little since its November 9 high for the year of $US27,500/tonne, but BNP is now starting to think that its 2012 forecast of $US32,000/tonne may be a tad on the conservative side.
It notes that demand year-on-year rose 30 per cent in the first six months of 2010. It also expects this year to finish with a 23,000 tonne deficit. That can be handled from stockpiles. But BNP is also now expecting a similar deficit in 2011 and wonders whether two back-to-back deficits will put a real squeeze on supplies - and the price.
Tin stocks starting to get noticed again.Robin Bromby also...
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