FYI&C...
Tin: Rising Prices and Import Volumes
According to the U.S. Geological Survey, there has been no tin mined or
produced in the United States since 1993. Last year, the volume of tin imports
increased 37 percent, while the price soared 66 percent (bottom graph [not
shown]). The global supply of tin is relatively inelastic, and is focused in Asia and
other parts of the third world. Tin is considered the most political of all
metals for this reason.
Source: Wachovia Economics Group
Report date: December 24, 2004
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