Forecasts and market analysis based on price assessments from Fastmarkets MB and Fastmarkets AMM

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March 2020 | Base Metals

Tin: Excessive sell-off has run its course

Tin is the first LME base metal to have broken below its 2016 low, having tumbled to its lowest since July 2009 last Friday. We attribute the excessive sell-off to illiquid trading conditions. We now believe that the sell-off has run its course and a solid rebound is likely in the very short term. For Q2, we expect fundamentals to tighten on the back of a rebound in tin consumption in China and production cuts in Indonesia, which should push tin prices higher.


The LME tin...


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