Metals as investors bet the better Tin Prospect

Monday, 31 January, 2011 18:04 BJT
Reuters Singapore / Jakarta, January 28 Xinhua --- pushed tin prices to a record high of investors have been locked in the risk of the market, the tin can market for huge profits into the book is notorious for huge losses.

Technically speaking, market bulls in control of the right to speak, and the main exporting countries experienced heavy rains in Indonesia's tin-producing areas of the short term, the fundamentals of tin added to the charm, and land mines to be dropped, and buy long-term warming will cause a tin charm unabated. Technically speaking, market bulls in control of the right to speak, and the main exporting countries experienced heavy rains in Indonesia's tin-producing areas of the short term, the fundamentals of tin added to the charm, and land mines to be dropped, and buy long-term warming will cause a tin charm has not diminished.

However, tin is notorious for trick investors, because of limited mobility of tin make it very easy to get the book profit, it is difficult to convert these profits real money income. However, tin is notorious for trick investors, because of limited mobility of tin make it very easy to get the book profit, it is difficult to convert these profits real money income.
November 2009, Ebullio Capital Management hedge fund commodity control the London Metal Exchange (LME) stocks almost 90% of the tin and cash contracts. November 2009, Ebullio Capital Management hedge fund commodity control the London Metal Exchange (LME) stocks almost 90% of the tin and cash contracts.

February 2010, the company's assets under management fell to $ 1,470,000, and in November 2009 compared to 4,230 million U.S. dollars, after the company had liquidated some of the actual book assets, as well as some long-held, mainly for LME non-ferrous metals speculative positions. February 2010, the company's assets under management fell to $ 1,470,000, and in November 2009 compared to 4,230 million US dollars, after the company had liquidated some of the actual book assets, as well as some long-held, mainly for LME non-ferrous metals speculative positions.

"It's like the saying goes, too, as people who do not learn from history is bound to repeat it," said a dealer in Singapore. "It's like the saying goes, too, as people who do not learn from history is bound to repeat it, "said a dealer in Singapore.
"I have learned that is not to bet on in the tin. If you can not tin Shangwang strategist, you are likely to lose the bankrupt." "I have learned that is not to bet on in the tin. If you can not tin Shangwang strategist, you are likely to lose the bankrupt. "

Tin Market prospects for the better ........... To the good prospects of Wuxi City

Index of London Metal Exchange (LME) tin contract hit a record high last Friday, 29,700 dollars per tonne, this year the best performing industrial metal, recorded a 10% increase. Index of London Metal Exchange (LME) tin contract hit a record high last Friday, 29,700 dollars per tonne, this year the best performing industrial metal, recorded a 10% increase.
Reuters said analyst Wang Tao, Elliott Wave theory suggests, the tin price is USD 34,000 per tonne walking in the road. Reuters said analyst Wang Tao, Elliott Wave theory suggests, the tin price is USD 34,000 per tonne walking in the road.

Indonesia last month, tin production has been suppressed in the rain and fight the global tin supply of tin consumption accounts for nearly 30% of the estimated 2010 annual production of 105,000 tons. Indonesia last month, tin production has been suppressed in the rain and fight the global tin supply of tin consumption accounts for nearly 30% of the estimated 2010 annual production of 10.5 million tons.

Meanwhile, the status of the land reserves of refined tin in a sharp drop in the trend, which will force the main tin-producing Bangka-Belitung islands out of the mine are starting on the higher cost of offshore exploration for minerals. Meanwhile, the status of the land reserves of refined tin in a sharp drop in the trend, which will force the main tin-producing Bangka-Belitung islands out of the mine are starting on the higher cost of offshore mineral exploration.

International Tin Research Organization (ITRI) this week estimated the global tin consumption in 2010 was 360,300 tons, up 12.5%. International Tin Research Organization (ITRI) this week estimated the global tin consumption in 2010 was 360,300 tons, up 12.5%.
Tin demand in the coming years is expected to rise, analysts continue to forecast months, Indonesia's tin production due to lack of mining investment will decline. (End) Tin demand in the coming years is expected to rise, analysts continue to forecast months, Indonesia's tin production due to lack of mining investment will decline.
(Compile Lan Xiu-juan;sourced reuters)

LME launches new Asian Benchmark reference prices

London / Singapore, 24 January 2011

The London Metal Exchange LME has published its first set of Asian Benchmark prices – new unofficial three month futures prices for aluminium, copper and zinc, which will bring further transparency to Asian markets trading on the LME.

Recent growth in trading on LMEselect, the Exchange’s electronic trading platform, during the Asian time zones (before 07:00 London time) reflects the increasing demand in Asia for access to LME metal markets. Last year, three month futures trading on LMEselect during the Asian time zones more than doubled to 1,941,680 lots from 904,173 lots in 2009. In total, 14.0% of all three months futures trading on LMEselect was transacted during this period, compared with 10.1% in 2009.

The first Asian Benchmark prices
Aluminium – US$2432.00
Copper – US$9550.00
Zinc – US$2345.64

From today (24 January), Asian Benchmark prices will be derived from trading volumes on LMEselect between 3.00 pm and 3.15pm and published at 3.30pm on a daily basis (Singapore/ Hong Kong /Shanghai time) and 7.30 am in London. During British Summer Time (BST) prices will be published at 3.30 pm in Singapore/ Hong Kong and 8.30 am in London.
Liz Milan, Managing Director, LME Asia, said, “The new Asian Benchmark is a firm acknowledgement of the importance of Asian trading to the LME. The growth in Asian participation has been phenomenal over the last few years and these new reference prices will provide a transparent view of the sentiment across the continent’s key metal and financial markets.”

The Asian Benchmark will be available on LMElive and through the Exchange’s approved network of data vendors at no separate fee or licence cost.