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Sucden Financial Forecasts Steady Tin Prices in Second Quarter
Jan. 25, 2012 02:44PM PST
Industrial MetalsPlatts reported Sucden Financial is bearish on most base metals for the second quarter, except tin which it expects to remain steady.
Platts reported Sucden Financial is bearish on most base metals for the second quarter, except tin which it expects to remain steady.
As quoted in the market news:
The electronics industry is still holding up well which should be supportive for tin. Supply issues are also likely. Therefore, we forecast relative stability in prices. A likely range of $20,000-24,000/mt is envisaged.
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