logo  
Sign in or Register

Already a member?

Sign in

Or sign in with your account on:

Not a member yet?

Register
    

Tin Prices Spike on Indonesian Supply Bottleneck

By  +Follow October 4, 2013 9:35AM
Share:
Tickers Mentioned:

Tin contracts slated for delivery in three months’ time rose over 5 percent to $24,000 per metric ton on the London Metal Exchange on Friday, continuing a climb that began with the implementation of an August 30 rule in Indonesia, the world’s largest producer of the metal.

It has been just over a month since the Indonesian government passed a law that requires all refined tin to be traded on a local exchange before it can be eligible for export. Indonesia accounts for about 40 percent of the global tin supply, and there is currently only one exchange in the country to handle contracts.

Friday’s activity sent the metal to a six-month high on the LME, as Barclays PLC (BCS) estimated that demand for tin will exceed supply by some 3,000 metric tons come 2014, and analysts are seeing no price-relief in the near future.

William Adams with London’s Fastmarkets.com stated in an interview that “fundamentals are tight with the shipments from Indonesia being restricted,” and that the situation was likely “to play out for a bit longer.”

Indonesia is Southeast Asia’s largest economy, one of the most promising of the emerging markets, as well as one of the world’s largest democracies. Recently-imposed regulatory measures on tin are expected to cause a supply-jam resulting from slower export rates and could also affect smartphone manufacturers and other companies and industries that use the metal.

The jump for tin, amounting to a nearly 2 percent gain on the week, also substantially lifted prices for copper and nickel.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of equities.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions.


Liked What You Read? Join Equities.com and Connect With Your Favorite Financial Experts FOR FREE! Members of Equities.com gain access to our leading financial news and content, active social investment community, proprietary research tools including the 2014 Small-Cap Stars, E.V.A. reports and more.

Results for BCS
Financial BUZZ Just-
28 Jan 15 11:44:23
See why these assets are trending in 1 watchlist $PBR $XOM $BCS USDCAD $WDC http://t.co/48wWJRWNA8
NASDAQ
28 Jan 15 11:05:45
$BCS - Barclays Bank PLC Extends Consent Solicitation Period for Select iPath® Commodities ETNs http://t.co/z1PYe9G9In
NASDAQ
28 Jan 15 10:37:56
$BCS - Oil Slides as U.S. Supply Seen Rising http://t.co/1l2eiqUuZf
NASDAQ
28 Jan 15 10:19:25
$BCS - Oil Slides as Supply Seen Rising Again -- Update http://t.co/iuAkC3VsWO
WKRB News
28 Jan 15 07:33:21
Barclays Stock Rating Reaffirmed by Investec $BCS http://t.co/2GvkFFjGDF
StockNewsWires
28 Jan 15 06:35:05
$MS $BCS $CS: Yesterday, the World Cup, today Canary Wharf, tomorrow...?: http://t.co/katlCdOwcs
Financial BUZZ Just-
28 Jan 15 04:14:06
See why these assets are trending in 1 watchlist $SVT $BCS $JMAT $PBR FTSE 100 http://t.co/e2hIvKvJ3p
ProTradersNews
27 Jan 15 23:23:03
$BCS: Barclays (BCS) - Investment Analysts' Weekly Ratings Updates: http://t.co/QwKI3AMOWg
ProVesting
27 Jan 15 23:22:09
$BCS: Barclays (BCS) - Investment Analysts' Weekly Ratings Updates: http://t.co/3PzEGWRYYq
WKRB News
27 Jan 15 23:19:04
Barclays $BCS – Investment Analysts’ Weekly Ratings Updates http://t.co/B8iMD5e79S
Saurabh Kumar
27 Jan 15 21:24:25
RT @MktOutperform: $JPM: up to $300 Million Gain On Swiss-Franc Turmoil $C, $DB & $BCS: about $400 million in cumulative trading losses htt…
Jonathan Giorgis
27 Jan 15 20:21:35
RT @MktOutperform: $JPM: up to $300 Million Gain On Swiss-Franc Turmoil $C, $DB & $BCS: about $400 million in cumulative trading losses htt…
ninja
27 Jan 15 19:58:38
RT @MktOutperform: $JPM: up to $300 Million Gain On Swiss-Franc Turmoil $C, $DB & $BCS: about $400 million in cumulative trading losses htt…
jesse livermore
27 Jan 15 19:54:42
RT @MktOutperform: $JPM: up to $300 Million Gain On Swiss-Franc Turmoil $C, $DB & $BCS: about $400 million in cumulative trading losses htt…
いつも悩んでる人
27 Jan 15 19:52:50
RT @MktOutperform: $JPM: up to $300 Million Gain On Swiss-Franc Turmoil $C, $DB & $BCS: about $400 million in cumulative trading losses htt…
Charlie Bilello, CMT
27 Jan 15 19:51:48
$JPM: up to $300 Million Gain On Swiss-Franc Turmoil $C, $DB & $BCS: about $400 million in cumulative trading losses http://t.co/o5eHPHfBi8
Penny Stock Secret
27 Jan 15 19:25:06
This Guy Turned $100 into over $10,000 In Just 30 Days! http://t.co/vezCDY95do .. $BCS-A $BCS-C $BCS-D
Penny Stock Secret
27 Jan 15 19:24:06
This Guy Turned $100 into over $10,000 In Just 30 Days! http://t.co/vezCDY95do .. $BCR $BCRH $BCS
US Banking News
27 Jan 15 15:12:32
Barclays’s “Buy” Rating Reaffirmed at Investec $BCS http://t.co/QE6o0vqyk5
ValueWalk
27 Jan 15 13:53:42
G-SIBs Need To Simplify Their Structure, Little Progress Made http://t.co/h21DxSPpCR $BAC $BCS $BNP $CS $C http://t.co/PvRr4hvyhc
Mark Melin
27 Jan 15 13:41:35
RT @valuewalk: JPMorgan Reported To Win Big On Swiss Currency Move by @MarkMelin http://t.co/C8gWbrNkxe $JPM $BCS $C $MS $CHF
ValueWalk
27 Jan 15 13:36:42
JPMorgan Reported To Win Big On Swiss Currency Move by @MarkMelin http://t.co/C8gWbrNkxe $JPM $BCS $C $MS $CHF
Ticker Report
27 Jan 15 13:26:30
Barclays Given “Buy” Rating at Investec $BCS http://t.co/zS5hm5rPZm
Analyst Ratings
27 Jan 15 13:16:28
Barclays's buy rating reiterated at Investec. http://t.co/eYEcx7VFo2 $BCS #BCS
US Consumer News
27 Jan 15 13:15:06
Barclays's buy rating reiterated at Investec. http://t.co/pTU5IeexWT $BCS #BCS
Wall Street
27 Jan 15 04:18:09
http://t.co/iQWRYqnOQl....Top penny stocks, NYSE, and NASDAQ trades from the stock market today. +296% last week. $ALU $CLF $BCS $CDTI
iHangout
26 Jan 15 21:01:12
chartguy89: 2015 Trending Stocks: BCS +0.41% Stock Charts $BCS Barclays PLC ADS http://t.co/wnKKLniJsB
chartguy89
26 Jan 15 21:00:05
BCS +0.41% Stock Charts $BCS Barclays PLC ADS (NYSE) Last Updated: 01/26/2015 23:00:13 BCS Stock Chart - 1 Mon http://t.co/SKM6omVy4z
Wall Street
26 Jan 15 17:49:05
Why trade alone? Get real time trade alerts from 5 pro traders at http://t.co/iQWRYqnOQl $ALU $CLF $BCS $CDTI
NASDAQ
26 Jan 15 13:47:44
$BCS - Ex-Lehman Trader Continues Fight for Multimillion-Dollar Bonus -- Update http://t.co/A7GTfmf7k7
Darshan Dorsey
26 Jan 15 13:29:09
As markets embrace easing, beware rogue CBs! $FXCM post-mortem, $BCS $ESS signals (West Coast) REIT boom. $EQR $HCN http://t.co/Z2X0T5rT2o
Grey | Beard
26 Jan 15 13:15:50
@ektrit With a big bat on your shoulder $BCS?
Andreas Cseh
26 Jan 15 11:25:51
$RBS & $BCS may be sitting on billions in losses from the collapse in #oil prices #Russia http://t.co/R0gNigpRPx http://t.co/w8jiJ4ROhC
NASDAQ
26 Jan 15 11:13:36
$BCS - Ex-Lehman Trader Continues Fight for $84.8 Million Bonus http://t.co/ovR4hrsVyj
Wall Street
26 Jan 15 09:20:53
http://t.co/iQWRYqnOQl....Top penny stocks, NYSE, and NASDAQ trades from the stock market today. +296% last week. $ALU $CLF $BCS $CDTI
Stock Trade Alerts
26 Jan 15 09:20:07
5-min Candle Alert $BCS - BARCLAYS #daytrader #stocks ~ via #AlertTrade
NASDAQ
26 Jan 15 09:08:05
$BCS - Chairwoman of Spain's 'Bad Bank' to Be Replaced by Current CEO http://t.co/9b3qAEGdC9
Wall Street
26 Jan 15 08:20:50
Why trade alone? Get real time trade alerts from 5 pro traders at http://t.co/iQWRYqnOQl $ALU $CLF $BCS $CDTI
Wall Street
26 Jan 15 07:36:01
http://t.co/iQWRYqnOQl....Top penny stocks, NYSE, and NASDAQ trades from the stock market today. +296% last week. $ALU $CLF $BCS $CDTI
Andrew Parish
26 Jan 15 07:14:46
More bad headlines for @Barclays here in the United States... http://t.co/w9I29dWSOM #DarkPool #Finance $BCS
John Ablemann
26 Jan 15 06:01:15
$BCS First Call Rating Update on Barclays PLC (ADR) http://t.co/wWrLbwjPxv
Wall Street
25 Jan 15 14:07:41
http://t.co/iQWRYqnOQl....Top penny stocks, NYSE, and NASDAQ trades from the stock market today. +296% last week. $ALU $CLF $BCS $CDTI
OptionSamurai
25 Jan 15 04:09:03
I will add these to my watchlist. Good companies with High IV and dividends. $AA $ALTR $COF $c $BCS $DAL $RIG $LB http://t.co/5YsX8EZrs7
Darshan Dorsey
24 Jan 15 21:43:13
$FXCM fundamentally a $1 stock (http://t.co/XipOS4dfTY). $BCS PT hike to $19 was kiss of death, $6S_F the hit man. http://t.co/YAWiKrCL1R
Wall Street
24 Jan 15 20:13:37
http://t.co/iQWRYqnOQl....Top penny stocks, NYSE, and NASDAQ trades from the stock market today. +296% last week. $ALU $CLF $BCS $CDTI
TalkMarkets
24 Jan 15 13:09:59
#Eurozone QE Likely To Help Banks And Consumer Discretionary: Barclays $BCS $BBL http://t.co/pkuZAgIgeN
InvestProfits
24 Jan 15 11:19:32
Barclays PLC (BCS) Has earnings of 0.35 Per Share. http://t.co/ToxUKjIlDt $BCS #investor #stocks #investing
ProVesting
24 Jan 15 10:51:02
$BCS: Eurozone QE Likely To Help Banks and Consumer Discretionary ...: http://t.co/visbTpAn3L
Business News Desk
24 Jan 15 10:37:22
Barclays $BCS the target of US high-speed trading probe http://t.co/2L2QR8eoRx http://t.co/5WuvCYs15F
غسان
23 Jan 15 12:39:46
RT @gurufocus: Deutsche Bank Share Prices Decline http://t.co/YVPTvWM2my $DB $BCS http://t.co/DYX51EOY6F
				
				
By  +Follow October 4, 2013 9:35AM
Share:

Comments

 

blog comments powered by Disqus

About us

Equities.com is the most advanced interactive online social ecosystem for the financial industry, serving as a resource center and next-generation communication platform that connects self-directed investors with public issuers, market experts, and professional service providers and vendors. Registered members can leverage our exclusive proprietary research tools such as the Small-Cap Stars, which outperformed 90% of all small-cap mutual funds, and robust do-it-yourself E.V.A. research reports. The Equities.com Issuer Dashboard is the ideal tool to communicate and manage investor awareness campaigns to the investment community, as well as to access valuable resources to help your company grow.

Market Data powered by QuoteMedia.
Copyright © QuoteMedia. Data delayed 15 minutes unless otherwise indicated. Terms of Use.