Tin To Average US$22,500/tonne In 2014


Short-Term Outlook

In line with our view, three-month tin has broken above resistance at US$22,500/tonne in recent weeks. While China's economic rebound should lose traction in the coming months and generally drag on industrial metal prices , our core view remains that tin prices will continue to find support at current levels. Supply from Indonesia is likely to trend lower over the near term as a result of new domestic trading regulations .

Core View

Support In Place
Three-Month LME Tin, US$/tonne (Weekly Chart)

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Geography: Global, Bangladesh

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