In this week’s analysis, we review the major positive and negative forces of the tin market to better predict the future tin price direction over Q4 2018 and next year. The WBMS estimates that the global refined tin market was in a deficit of 3,563 tonnes in the first seven months of 2018, following a deficit of 17,120 tonnes in 2017. In January-July 2018, global mine production expanded by 1.9%, refined production dropped by 2.8% and refined consumption shrank by 3.9%, all on a yearly basis. The outperformance of the SHFE tin price vs the LME tin price since the start of the year...
The positives
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