Tin prices seen on course for rise in 2016

Tin prices likely will rise in 2016 thanks to an expected supply deficit and relatively healthy demand.

“The worst is over on the price decline,” said Brian Helsel, president of the American Tin Trade Assn and president and partner of Pittsburgh-based nonferrous and minor metal supplier Phoenixx International LP. “We are expecting a tin deficit in 2016.” The deficit will be driven by lower production in Indonesia, the largest global supplier of tin, combined with a lack of new projects coming online, he told Metal Bulletin sister title AMM. The tin market recorded a deficit of 14,300 tonnes in the first 10 months...

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This article was first published by AMM

December 30, 2015

19:30 GMT