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Prices in world market of tin increased

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15:11 29.01.2009
text: "Kazakhstan Today"
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Almaty. January 28. Kazakhstan Today - The prices in the world market of tin have increased. The average price of cash metal has increased at the London Metal Exchange (LME), on Malaysian stock exchange in Kuala Lumpur (Kuala Lumpur Tin Market, KLTM), and also on the spot markets of China and the USA.

However, according to London magazine Metal Bulletin, the suppliers of tin have expected that calm on the market will cease to exist, but still not expecting a significant growth.

Though, the prices for tin have been stabilized and have even increased after the drastic fluctuations in the end of the last year, but, as consumers still hesitate to renew purchases, the situation in the market remains tense.

Sales in February can be better and some participants of the market hope for improvement of the situation this year, noting that they have concluded the long-term contracts giving them the basis for optimism.

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