Six commodities that have been hijacked by Chinese demand
The Financial Post.com reports that because of China’s growing appetite for consumption of various commodities, including tin, there is danger of prices moving beyond what China can afford
The Financial Post.com reports that because of China’s growing appetite for consumption of various commodities, including tin, there is danger of prices moving beyond what China can afford
For decades the tin market has moved from one crisis to another, and the current world recession is now raising new challenges for all stakeholders in the industry. In the short-term the market is again oversupplied, but in a few years the situation could change dramatically. Though global demand for tin has fallen rapidly to an estimated 350,000 tonnes in 2008, the 15 tin companies listed on the ASX are doing extremely well. Check out an overview.
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