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2016 Tin Price Forecast: Nowhere to Go But Up

iconDec 10, 2015 15:01
Source:SMM
​Dating back to last year, tin is in a fairly low place. Prices had declined by nearly half compared to 2013, making the metal the worst faring of all the base metals.

by Kyle Fitzsimmons on DECEMBER 10, 2015

Dating back to last year, tin is in a fairly low place. Prices had declined by nearly half compared to 2013, making the metal the worst faring of all the base metals. Surely there is nowhere to go but up, right?

For 2016, we’ve identified the main tin price drivers as:

China GDP and PMI Data

The dollar to euro exchange rate

Myanmar tin mining

For a long-term industrial buying strategy for tin, complete with specific support and resistance levels, download your complimentary copy of our 2016 Annual Metals Outlook report!

This report also includes commodities markets and industrial metals market analysis, in addition to key price drivers and commentary on aluminum, nickel, lead, copper, zinc and various forms of steel, in addition to tin.

Source:metalminer

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tin price forecast 2016
tin price forecast
Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

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