Tin: Set to rebound on tight Q4 fundamentals

October 01, 2019 / www.metalbulletinresearch.com / Article Link

In this week’s analysis, we review the major positive and negative aspects of the tin market, which either have shaped the price direction in recent months or will influence the outlook for the rest of 2019 and beyond. Positives The WBMS pegged the global refined tin market in a deficit of 5,300 tonnes in the first seven months of 2019. This is slightly deeper than a deficit of 5,000 tonnes in the same period last year. The global refined tin market has tightened markedly over Q3, judging by the decline in global exchange inventories. LME and SHFE...

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