Tin Investing News» s

Production Cutback Pumps Tin Price

Geetha Raghavan — Tue, 12 May 2009 16:17:29 +0000

Tin prices gained a whopping 18 per cent on the LME in the month of April, despite a huge gain in LME inventories by almost 15 per cent. Global production, however, is expected to fall 6.5 per cent by 21,000 tonnes, to 304,500 tonnes in 2009. According to the International Tin Research Institute demand for tin is expected to fall by 10.5 per cent in 2009 amid the global economic crisis. Hence, the market could be in surplus by 5,000 to 10,000 tonnes in 2009.

Indonesia: Reduced Tin Production

Mike Rodger — Wed, 26 Nov 2008 15:29:06 +0000

The world’s leading tin miner, PT Timah has announced it may restrict refined tin production in an attempt to counteract falling prices. PT Timah’s production curbs are representative of a growing trend in Indonesia. Tin smelters across the nation are halting production.

Tin fundamentals remain strong

Mike Rodger — Thu, 30 Oct 2008 02:30:03 +0000

Although lower tin prices may appear to be a sign of a faltering market, many metals analysts say the supply market remains increasingly tight and a deficit is expected this year. There is a huge contradiction of what is happening to the price and the underlying state of the market.