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Tin Market Traces Recovery

Thursday, July 8, 2010

Despite concerns over the euro-zone economy, demand in the region is helping to drive up the price of tin with both European and Japanese buyers dominating the market.

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Indonesian Tin Exports Benefiting from Weather Improvements

Tuesday, May 25, 2010

An increase in shipments of Indonesian refined tin exports reported in April was partially the result of a return to more favorable weather conditions from the first three months of this year.

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Tin’s Buying Support is Higher

Monday, May 24, 2010

Kuala Lumpur Tin Market (KLTM) will be on a stable condition since Malaysian and European buyers of tin will be active to trade above US$17,300 per tonne. One of the dealers is quoted saying: “The market was traded mostly lower this week, so we expect to see more buying support next week as prices are still low.” [...]

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Tinplate Pre-tax Profit of (US$23 million)

Tuesday, May 11, 2010

The Tinplate Company of India Ltd has reported a (US$23 million) profit on pre-tax in the financial year to March 2010. The company is expecting a 379,000 tpy tin plate expansion by the end of 2010-2011 financial year. TCIL Managing Director Tarun Daga told a press conference, “Our company will continue its strategic thrust of maintaining [...]

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Firms Merge/Split: Raise Money

Wednesday, September 2, 2009

Australia's Metals X and China's Yunnan Tin Group have announced that they had signed a Heads of Agreement to form a joint venture to control the MLX's Tasmanian tin assets. Meanwhile, Cadillac Ventures Inc, a junior Toronto mineral developer, says it has failed to reach a final agreement with Latin American Minerals Inc on the Tendal VMS zinc, lead and copper project in Argentina and has decided to scrap talks. Australian tin exploration company Consolidated Tin Mines Limited is to undertake a placement of 10 million shares to raise A$1million.

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Buoyant Demand Pushes Up Tin Price

Wednesday, April 22, 2009

Malaysian tin jumped 7.5 per cent to score more than a 4-month high on Monday to US$ 12,080, as soaring London Metal Exchange prices and buoyant demand led by Europe boosted prices, one dealer said. The current price level was unseen since December 12, 2008. Tin price had peaked at $25,495/t in May 2008, but then slumped by more than 50 per cent in five months, due to the global financial crisis.

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Tin Set To Shine – Early Signs of Summer?

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.

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Will China save the tin market?

Tuesday, December 9, 2008

The price of tin was given a nearly 6 percent boost last week from Yunnan province’s announcement that it would spend about $3 million on building a 100,000 tonne stockpile of tin. The tin stockpile is a part of a wider base metals stockpile plan meant to help support local metals smelters.

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Tin bull to make a comeback in near future?

Tuesday, November 11, 2008

Although the short-term outlook for tin and other industrial use metals is understandably bleak at the moment, the long-term projections for the dull base metal show it is likely to outshine the majority of its commodity cousins once the current crisis abates.

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Tin price jumps 5 per cent on supply concerns

Thursday, August 21, 2008

The price of tin gained more than 5% on reports that supply declines are expected from Indonesia, the world’s largest tin exporter and second-largest tin producer. World supply for 2008 is already down. The global tin supply deficit was predicted to reach 20,000 tonnes this year.

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