An article published on Mineweb.com this week names tin as the metal market’s best performer, helping to displace copper as the market ‘darling’ on the back of the Indonesian tin market rule change. Stellar Resources CEO, Peter Blight, was quoted in the article saying, “The revival of the tin price brings a lot more investor interest into the sector and highlights in people’s minds that the tin market is tightening up.”
Buyers are increasingly registering on Indonesia’s central exchange, he says, with those producers holding out for an alternative contract becoming sidelined. “I think Indonesia is going to work through the changes, but I don’t think you’ll see production move rapidly back to the high levels seen during the first six months of 2013. On the demand side, it’s just a question of time before a bounce-back in electronics production drives increased tin consumption and we’re certainly seeing some green-shoots there.”
To read the full article online click here.