'Third peak' for tin prices within five years

Apr 26, 2012 | 02:28 AM |

The third peak of tin prices may emerge in about three to five years’ time as supply tightens, according to Peter Kettle, markets manager at the International Tin Research Institute (Itri). “The third peak will hit a new high of [just below] $35,000 per tonne,” Kettle told Metal Bulletin on the sidelines of the International Tin conference in Cape Town, South Africa. This will be “mostly because of the supply factor”, as resources are depleted in traditional tin areas like Indonesia and....

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