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Tin Price Forecast Signals Continued Short Supply

From agmetalminer.com

Despite a strong rebound in output, the tin market is still dangerously short on supply. How will this affect the tin price forecast? Experts are rushing to weigh in. According to Reuters, the International Tin Association (ITA) reported that global refined tin production increased by 11% to 378,400 metric tons last year. But while output is up, so is demand. This is especially true of the electronics sector, which also accounted for the vast majority of last year’s demand. In December 2021, overall demand growth was 32.6% year over year. By March, it had cooled somewhat to around 23%. That said, a Capital Economics ... (full story)

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  • Category: Fundamental Analysis