QUOTE AND NEWS
Business Times - Malaysia  Nov 28  Comment 
The Kuala Lumpur Tin Market (KLTM) is expected to continue its uptrend next week on the back of good overseas demand, dealers said. A dealer said the market was likely to see active overseas bidding, especially from the European traders. "The...
Metal Bulletin  Nov 26  Comment 
Indonesia’s private tin consortium Bangka Belitung Timah Sejahtera (BBTS) stopped production last week for the rainy season, and may not resume again until next May.
guardian.co.uk  Nov 25  Comment 
• City minister renews call for bonus restraint among bankers • Goldman Sachs boss Lloyd Blankfein heavily criticised The City minister, Lord Myners, below, delivered his clearest call yet for bonus restraint in the City today as he hit out...
Metal Bulletin  Nov 25  Comment 
Base metals consolidated early gains in Wednesday’s official session on the London Metal Exchange, with all but tin settling above their opening prices on thin business
Sydney Morning Herald  Nov 25  Comment 
CHAMPION jockey Damien Oliver will know on Monday if he can ride star sprinter Apache Cat in the Hong Kong Sprint at Sha Tin on December 13.
Bloomberg  Nov 25  Comment 
A United Nations-backed drive by the Democratic Republic of Congo’s army has failed to destroy a Rwandan rebel group that earns millions of dollars from gold smuggling, a panel of UN investigators said.
Bloomberg  Nov 23  Comment 
(Update1) Campbell Soup Co., the world’s largest soupmaker, said first-quarter profit climbed 17 percent on decreasing marketing and ingredient costs.
Business Times - Malaysia  Nov 23  Comment 
CPO FUTURES CRUDE palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed higher yesterday supported by renewed interest in commodity markets coupled with continued concerns over the monsoon weather. Dealers said the weaker US...
guardian.co.uk  Nov 20  Comment 
A reader questions a Tesco special offer whereby individual tins of sweetcorn worked out cheaper than the multipack Michael Ransome took a cool, rational look at the Tesco tin of sweetcorn before doing anything reckless. It was 52p. Nearby was a...
The Economist  Nov 19  Comment 
Some dos and don'ts GADLING'S recent post, "How to effectively complain about your trip via twitter", does pretty much what it says on the tin. Follow and hook your audience If you're flying on Virgin America...
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Tin is a metal which is mainly used as solder in the electronics industry, in plating applications, and as major ingredient in bronze. 2008 mine production was about 333,000 tonnes.[1] [2]

The chart at left shows continuos front-month futures prices for tin traded on the London Metal Exchange.

Metal Exchange

Tin is traded at the London Metal Exchange (LME).[3]

Tin Producers

72% of 2008 production was mined and smelted in China and Indonesia. The list of smelters can be found on Ausmelts Webpage.[4]

Key Trends and Forces

Global Economic Downturn

Tin prices are under pressure after demand declined in the current downturn. Tin prices peaked above 25,000 USD per tonne in May 2008 and were below 11,000 USD per tonne in February 2009.

Elimination Of Lead

Solders are affected by requirements to eliminate lead.[5]

References

  1. How the tin producers are faring, February 2009
  2. USGS Mineral Commodities Summaries - Tin 2009
  3. London Metal Exchange (LME) London Metal Exchange - Standard Tin Hub Page
  4. Ausmelt Tin Technology
  5. SolderTec Global Webpage
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