Tin set to recover

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Wed, Feb 18, 2009

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Post by Melissa Pistilli, Resource Reporter

Tin Investing News reports tin is said to recover before any other base metals according to Resource Capital Research, a Sydney based company.

Unlike most of the other base metals, there is no growing tin surplus. Inventories held at the London Metal Exchange now sit at 8,820 tonnes, against a 52-week high of 11,430 tonnes. The RCR case is that a rebound in Chinese demand, coupled with the closing of mines in Indonesia, could trigger supply shortages.

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