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Tin Gets Scarcer Amid Growing Global Demand

Written by Investing News Network
|
Jul. 05, 2011 08:39AM PST

Bloomberg reports that tin is coming out of its bear market as the metal gets scarcer.

Bloomberg reports that tin is coming out of its bear market as the metal gets scarcer.

The market news is quoted as saying,

Erfandi’s fleet of bamboo rafts are dredging 33 percent less tin ore from the rivers of Indonesia’s Bangka Island than in 2008, as miners fail to keep pace with consumption that jumped 14 percent in two years.

For the complete market news, click here.

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