talleburg expansion and cap raising, page-20

0512 GMT [Dow Jones] Base metals complex is starting a downtrend due to macroeconomic
headwinds but tin likely to outperform in next few months, says trader in Tokyo.
"The uncertain economic environment is hitting all the base metals but tin is likely
to be stronger than the others." Trader says tin fundamentals tighter than other
metals, and also heading into seasonal strength as monsoon conditions could hit Indonesia
supply from September, October. Adds, tin currently rangebound between
$22,800-$23,800/ton but expects breakout targeting $25,000/ton by September. LME 3-month
tin now bid at $23,410 vs $23,150 Wednesday PM kerb but only one lot done in Asia trade.