No 1 source of global mining news and opinion
Tin prices, which have rallied in recent months to near two-year highs, could be bolstered further by supply disruptions, ongoing geopolitical conflicts, fund inflows in the event of interest rate cuts and stabilizing demand, analysts say.
On the supply side, Project Blue analyst Jack Anderson said it remained unclear whether tin mining operations in Myanmar’s Wa State would resume within the next six months, as some analysts expected. In addition, long-term exports from Indonesia will likely fall as it reserves more metal for use in domestic downstream sectors, she said.
BMI analysts increased their 2024 tin price forecast, but predicted prices could ease to around $26,000 to $32,000 a ton in the coming months due to sticky inflation and a slower pace of semiconductor sales growth, in a report published on Monday. “High levels of net spec warn that prices are overextended, as there are few new longs to enter the market,” said analyst Dan Smith at brokerage Amalgamated Metal Trading.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Cornish Metals’ UK tin project worth over $200 millionNo 1 source of global mining news and opinion
Baca lebih lajut »
Research team develops new thin film deposition process for tin selenide-based materialsA research team has developed a new thin film deposition process for tin selenide-based materials. This process utilizes the metal-organic chemical vapor deposition (MOCVD) method, enabling thin film deposition on large wafer surfaces at a low temperature of 200°C, achieving exceptional precision and scalability.
Baca lebih lajut »
Meow Wolf Grapevine to unveil new botanical parking lot mural by Tin District artistVisitors can see the nature-inspired mural by artist Lauren Lewchuk through the summer.
Baca lebih lajut »
Hints from Heloise: Reuse old luggage and put muffin tins to use for reasons other than bakingTry out these four uses for a muffin tin ...
Baca lebih lajut »
One-pot strategy to simultaneously achieve heterodehydrocoupling of hydrostannane and reduction of quinolineHeteroatom tin compounds (SSn, OSn, NSn, PSn) composed of heteroatoms S, O, N, P and tin atoms have attracted intense attention due to their wide applications in organic synthesis and pharmaceutical fields.
Baca lebih lajut »
No charges in Massachusetts after 4 newborns found frozen, wrapped in tin foil inside Boston apartment: DAThe Suffolk District Attorney announced that they will not seek criminal charges against anyone, two years after newborns were found in a South Boston apartment freezer.
Baca lebih lajut »