Strong Reasons Remain for Record Tin Price Next 3-4 Years

Platts reported there are still strong reasons to expect historically high tin prices over the next three to four years.

As quoted in the market news:

With global demand around 400,000 mt/year by 2015, according to tin body ITRI’s latest review of industry.

The report read that mineral resources at existing operations are being depleted with production costs expected to rise considerably.

The ITRI report said:

However, in the immediate future the global economy faces major downside risks, so the short-term outlook for all metals is very uncertain.

Click here to read the full Platts report.