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Wednesday 24 February 2021

Tin Faces Historic Squeeze as Electronics Boom Erodes Stockpiles

The London tin market is facing the biggest supply squeeze in at least three decades as dwindling inventories, robust industrial demand and rising investor interest boost spot prices. Official London Metal Exchange cash prices on Monday settled at the biggest premium to three-month futures since at least 1990. «The fund community has certainly started looking at it in much more depth,» Geordie Wilkes, head of research at Sucden Financial, said by phone from London. in London, bucking declines among other metals.

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Source: Mark Burton | Bloomberg

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