Normally, tin doesn't get a lot of attention. The lowly, non glamorous tin is becoming increasingly important however, overtaking lead as the metal of choice in modern electronics soldering, especially after EU regulations requiring lead-free solders was implemented in 2006. In 2006, tin accounted for 50 per cent of solders; in 2007, that market share grew to 52 per cent.
Tin prices have dropped to their lowest level in over a year as the global financial crisis continues to cause concern that economic slowdowns worldwide will substantially decrease the demand for raw materials.
Tin has been experiencing a strong bull market in the last three years. In late 2005, the price of tin was around $6,000/t. Since then, the price has exploded, setting a record high $25,000/t on May 15, 2008. So far this year, the tin price has increased $53.
The Tin Investing Glossary: This glossary covers investing in junior resource companies. For the experienced investor or the newbie, you should find everything you need here. If not, let us know and we’ll research and add what you’re looking for.
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