Tag Archive | "iron ore"

Espionage Tales And Long Positions

Wednesday, July 8, 2009

Long tin positions are a major bugbear for the tin industry. Committee members at the London Metal Exchange are angry at the LME's lack of action on the large scale long tin positions. Market concerns centre on the September-December 2009 contracts and the amount of available metal stored in LME tin inventories, after a large number of positions were built up last week. And in other spy tales, an Australian executive with mining giant Rio Tinto was being held in China as a suspected spy.

China Not To Pick Up The Ball?

Tuesday, June 16, 2009

Commodities may be teetering on second U of the W-shaped recovery. Tin continues to face a challenge, with a possible erosion in demand. The main culprit: the current global recession. Last week, ITRI Ltd, an international tin grouping, came up with a disturbing report stating that demand would likely drop 10-15 per cent this year, on the back of excess supply.

Tin Price Chart
Asides

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