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Friday, February 09, 2007

Bulls Win With Tin

Bulls win with Tin! On a day when the base metals sector was weak, Tin shined brightly for metal bulls, as speculative buying tied to tight supplies continued to support the market. London Metal Exchange stocks fell 115 tons to stand at 10,610 tons today – their lowest level in nearly 15 months. Tin has been one of the best-performing markets in 2006, with world consumption up nearly 9% in 2006 according to a survey from ITRI, a Tin industry organization representing Tin producers and smelters. Read More.....