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Heart Shaped Tin has the best chance of the rights of all base Craft Metal Buckets and is the first of a new get to the high prices of all metals strategist at BNP Paribas times.
He noted that tin was the best scene of the six major base metals so far this year rose 15 percent today and is now 25 percent of its registration. "Only the copper is closer," he said.
Briggs believes that metals are the best prospects for the fundamentals that have the greatest shortages - with different perspectives on the application only a secondary issue. "Nowhere is this more true than the can," he said.
World production of tin mine already achieved in 2007. A further decline in Indonesia, the critical shortage, and elsewhere as minor sources of the new offer suggests that my power is one of the planes in 2010. It can grow only 4 percent in 2011, with little additional progress in 2012.
"The surplus is already badly eroded, and we expect the market for tin, very close over the next 12-18 months.
"We expect the price of tin to move easily over 161 000 euros per tonne by the end of 2011, and for one year even harder the next time, with the metal, probably the head in May 2008 a record 25 500 in the second half of 2011. higher prices could become necessary to ration demand.
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