The outllook for the tin market continues to improve and BNP Paribas have just upgraded their outlook for the commodity

Livewire News

The outllook for the tin market continues to improve and BNP Paribas have just upgraded their outlook for the commodity. Indonesia's drive to displace the London Metal Exchange as the global benchmark for tin trading is whipsawing futures and leaving the most-accurate forecasters divided on the outlook for prices. Tin will average $25,000 a metric ton next year, 7.9 percent more than now, says Stephen Briggs, an analyst at BNP Paribas SA in London ranked by Bloomberg as the top forecaster over the past eight quarters. For the full report check out the story on Bloomberg (VIEW LINK)


About this contributor

Livewire News

Livewire News

, Livewire

Livewire News brings you a wide range of financial insights with a focus on Global Macro, Fixed Income, Currencies and Commodities.

Expertise

No areas of expertise

commodities tin bnp paribas

Comments

Please sign in to comment on this wire.