Confidence in US, China Growth Boosts Tin

Reuters reported that tin rose on Monday as investors’ confidence in global growth outlook increased after data showed strength in the U.S. and China economy.

As quoted in the market news:

No base metal is in backwardation right now as contango markets prevail. Underlining this fact is that LME stocks are increasing for metals such as copper, nickel and tin.”

‘Backwardation’ refers to a structure in the market where nearby prices are higher than forward ones, signalling tight supply. Contango is the opposite.

Click here to read the full Reuters report.

Get the Latest Tin Investing Stock Information

Get the latest information about companies associated with Tin Investing delivered directly to your inbox.

+ see more
+ see more
Gold Bullion
Gold Production/Mining
+ see more
Gold Project Generators
Gold Prospecting and Exploration
+ see more
Gold Resource Definition/Pre Feasibility
Gold Resource Expansion/Feasibility Study/PEA
Graphite Production/Mining
Graphite Prospecting and Exploration
Graphite Resource Definition/Pre Feasibility
Graphite Resource Expansion/Feasibility Study/PEA
Silver $0-15m
Silver $15-50m
Other Companies
+ see more

Select All Select None

By selecting company or companies above, you are giving consent to receive email from those companies. And remember you can unsubscribe at any time.


Leave a Reply