Tin and nickel have been in a battle for the highest priced non-precious metals traded on the LME. Currently the price of tin on the LME is $23,450 per tonne, while nickel is priced at $21,645 per tonne. Comparing the supply and demand fundamentals of the two markets is essential.
Continue reading "Tin Ready to Outperform Nickel"
Tuesday, September 29, 2009
Following major criticism over the increase of its tin-plate prices, which were adjusted yearly by 69% to 78%, ArcelorMittal South Africa (ACLJ.J) has toned down prices. The decision was welcomed by the packaging industry. But tin prices have yet to respond significantly to the fresh supply problems in Indonesia, which may be partly due to the strong recovery in Chinese production.
Continue reading "Defeated ArcelorMittal Lowers Tin Price"
Thursday, April 9, 2009
The Chinese might have raised their base metal purchasing across the board, but for domestic tin traders doing business in the U.S. market the metal continues to lag. For full story, click here
Continue reading "US tin mart still in doldrums depite surge in Chinese purchases"
Thursday, March 5, 2009
Even as stockpiling in China is set to raise the bar for the price of tin, miners in Peru may go on strike on March 15, which could bring on some pressure. Queensland Small Miners too have blamed the government for not adequately supporting small miners.
Continue reading "Tin Set To Shine – Early Signs of Summer?"
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Monday, September 19, 2011