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Commodities may be teetering on second U of the W-shaped recovery. Tin continues to face a challenge, with a possible erosion in demand. The main culprit: the current global recession. Last week, ITRI Ltd, an international tin grouping, came up with a disturbing report stating that demand would likely drop 10-15 per cent this year, on the back of excess supply.

Thursday, June 4, 2009
Commodities like tin, rubber and steel could be heading for a short-term rally in the near future bolstered by active buying interest from institutional and fund managers on most major world commodities, dealers said. Manufacturers worldwide were seen building up inventories to take advantage of the current weak US dollar, traders said. The weak greenback makes commodities attractive as a hedge against inflation.

Monday, May 18, 2009
The price of tin on the Kuala Lumpur Tin Market (KLTM) closed lower on Monday on lack of demand, dealers said. At close, the local tin price was down by US$80 to settle at US$13,650 per tonne from last Friday. The price of tin on the KLTM is likely to be steadier next week though on consistent demand from overseas buyers, dealers said. They said the metal price is likely to trade between US$13,900 per tonne and US$14,200 per tonne with the participation of European, Japanese and local traders.

Tuesday, May 12, 2009
Tin prices gained a whopping 18 per cent on the LME in the month of April, despite a huge gain in LME inventories by almost 15 per cent. Global production, however, is expected to fall 6.5 per cent by 21,000 tonnes, to 304,500 tonnes in 2009. According to the International Tin Research Institute demand for tin is expected to fall by 10.5 per cent in 2009 amid the global economic crisis. Hence, the market could be in surplus by 5,000 to 10,000 tonnes in 2009.
Wed, Jun 17, 2009
Indonesia’s PT Timah Tbk, the world’s leading integrated tin miner, declared that it may boost spot sales if tin prices climb to $18,000-$20,000 per tonne after a slip in sales earlier in 2009. For full story, click here
Tue, Jun 16, 2009
From one crisis to another in past decades, tin is now being challenged again with a possible erosion in demand, which is suppressed by the current international slump. For full story, click here
Tue, Jun 16, 2009
Tin exports from eastern Democratic Republic of Congo are back up despite the threat of United Nations sanctions and pressure from rights campaigners linking the trade to local conflicts. For full story, click here
Fri, Jun 12, 2009
Foshan tin making Corporation has invested and constructed domestically by Baosteel was put into formal output a few days ago. For full story, click here
Thu, Jun 11, 2009
Stonehenge Metals Limited has advised that the divestment of the Heemskirk Tin Project declared that it will enable the Company to continue to focus its efforts on its other Tasmanian exploration activities on the promising base metal targets on the Stonehenge and Sunshine tenements and on tin and tungsten mineralisation at the Federation and Interview [...]
Fri, Jun 5, 2009
Despite being perceived as a sunset industry for the past 10 years, the local tin industry is still surviving mainly due to increased solder demand from the electrical and electronic industries. For full story, click here
Wed, Jun 3, 2009
Indonesian tin consortium Bangka Belitung Timah Sejahtera expects June-September output to slip further to below 50% of its 3,000-4,000 tpm capacity despite increasing tin prices. For full story, click here
Wed, Jun 3, 2009
India Tin Industries is on an aggressive drive to raise its customer base with the printed super wima welded cans. For full story, click here
Mon, Jun 1, 2009
The price of tin on the Kuala Lumpur Tin Market is expected to be firmer next week on the back of continuous purchasing, especially from Japanese. For full story, click here
Mon, Jun 1, 2009
As a high-end product among tin plates, two-piece can DI material can minimize the material consumption and slash down the production cost, but only a few leading foreign steelmakers can manufacture such material since it has stringent requirements for material elongation and earring rate, etc. For full story, click here

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Tuesday, June 16, 2009
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