Tin to Beat Other Metals as Deficit Widens, StanChart Says
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Tin is likely to outperform other base metals as demand growth outpaces production, widening a deficit through next year, according to an analyst with Standard Chartered Bank.
“Going forward, we expect global tin demand to continue to pick up from here,” Judy Zhu, a commodity analyst based in Shanghai, said at a seminar in Seoul. “We’d expect the tin market’s deficit to expand. We are bullish on tin and expect it to outperform the rest of base metals.”