METALS-Tin hits 22-month peak, page-93

http://www.westmetall.com/en/markdaten.php?action=show_table&field=LME_Sn_stock

LME  3375,  $21,500/ton (A$28,720/ton (0.7486))

LME warehouse stocks continue their very gradual/marginal rebuild, it's taken 5 weeks to rebuild from 3000 ton in store to this level....biggest jump in price in 3 weeks.....and appears to confirm the article in previous post that the Tin price is not just a supply story but a demand story as well....

US market going gang busters again overnight....only a month or so ago we where worried about it holding the 18,000 level....now, it's a whisker off 20,000! markets are leading indicators, so it would appear there is a strong belief that companies are going to show stronger Q's moving forward/moving back to growth??.....China GDP holding better than expected, China retail sales better than expected....then we have India and their growth plans....all of this only spells demand and higher prices for all metals......as pointed out in an article I read, we have plenty of Tin in the earth's soil but almost all of it is uneconomic unless prices are much higher (very low grades).....that's great for those mines that have higher grades like SRZ as prices move higher.....better margins/stronger case/easier to attract partners......

kind regards, SEAH.