Hmm. Tin is still strongly backwardated on LME/Friday. Only...

Hmm. Tin is still strongly backwardated on LME/Friday. Only metal to be so.
Tin is the main metal of electronic circuitry. Could be that the recession linked slump in demand for consumer durables/electronic goods, plus difficulty many smaller users are having finanacing working capital means they destocked, slower moving retail stock now cleared and the demand is increasing to fill immediate orders, which are down, but far from stopped.
Tin is recovering sharply. It is also one metal without major new discoveries and semi worked out- producers having to rework old fields to try to squeeze more out.
Higher costs mean more marginal producers, particularly artisanal, stop quickly in response to lower prices so supply has probably fallen, also.
So far so good. First cab off the rank, as expected. Not many Oz punters are tin savvy.