Commodity markets strong, including copper and tin

2021 and 2022 were strong commodity years. In 2023, prices developed differently.

In 2023, concerns about the Chinese real estate crisis and a possible recession increased. There has been no major weakness in commodities this year. In 2024, demand for copper, for example, appears to be rather high and many experts expect upside potential, especially in the second half of 2024. This is because supply from copper mines is tight. A recovery in industrial demand, the switch to stockpiling and the imminent interest rate cut by the Fed should drive the price. Although demand growth in China is still weak, the government is making efforts to stimulate the economy.

In addition to gold, GoldMininghttps://www.commodity-tv.com/ondemand/companies/profil/goldmining-inc/ – owns copper in promising properties in South and North America.

Tin is another metal for which there may be supply bottlenecks. And tin is important for wind and solar energy, for the advancing electrification. This is because tin is used for soldering and is contained in semiconductors. It is also used in the development of artificial intelligence. On the London Metal Exchange, tin has already risen sharply in April and is even ahead of copper, which is being watched with great interest by many. There were disruptions to tin supplies in the major producing countries of Indonesia, Myanmar and the Democratic Republic of the Congo.

Indonesia is the largest tin exporter in the world and the country has reduced its supplies. The reasons for this are license delays and rumours of corruption. Myanmar has been badly affected by the civil war and tin exports have slowed down. In Congo, unrest is disrupting exports. Tin stocks on the LME have already fallen by almost half this year.

Good times for companies like TinOne Resourceshttps://www.commodity-tv.com/ondemand/companies/profil/tinone-resources-inc/ -. The company owns tin/tungsten and lithium projects in Tasmania and New South Wales, Australia.

Current company information and press releases from GoldMining (- https://www.resource-capital.ch/en/companies/goldmining-inc/ -).

In accordance with §34 WpHG I would like to point out that partners, authors and employees may hold shares in the respective companies addressed and thus a possible conflict of interest exists. No guarantee for the translation into English. Only the German version of this news is valid.

Disclaimer: The information provided does not represent any form of recommendation or advice. Express reference is made to the risks in securities trading. No liability can be accepted for any damage arising from the use of this blog. I would like to point out that shares and especially warrant investments are always associated with risk. The total loss of the invested capital cannot be excluded. All information and sources are carefully researched. However, no guarantee is given for the correctness of all contents. Despite the greatest care, I expressly reserve the right to make errors, especially with regard to figures and prices. The information contained herein is taken from sources believed to be reliable, but in no way claims to be accurate or complete. Due to court decisions, the contents of linked external sites are also co-responsible (e.g. Landgericht Hamburg, in the decision of 12.05.1998 – 312 O 85/98), as long as there is no explicit dissociation from them. Despite careful control of the content, I do not assume liability for the content of linked external pages. The respective operators are exclusively responsible for their content. The disclaimer of Swiss Resource Capital AG also applies: https://www.resource-capital.ch/en/disclaimer/.

Firmenkontakt und Herausgeber der Meldung:

Swiss Resource Capital AG
Poststrasse 1
CH9100 Herisau
Telefon: +41 (71) 354-8501
Telefax: +41 (71) 560-4271
http://www.resource-capital.ch

Ansprechpartner:
Jörg Schulte
Telefon: +49 (2983) 974041
E-Mail: info@js-research.de
Für die oben stehende Story ist allein der jeweils angegebene Herausgeber (siehe Firmenkontakt oben) verantwortlich. Dieser ist in der Regel auch Urheber des Pressetextes, sowie der angehängten Bild-, Ton-, Video-, Medien- und Informationsmaterialien. Die United News Network GmbH übernimmt keine Haftung für die Korrektheit oder Vollständigkeit der dargestellten Meldung. Auch bei Übertragungsfehlern oder anderen Störungen haftet sie nur im Fall von Vorsatz oder grober Fahrlässigkeit. Die Nutzung von hier archivierten Informationen zur Eigeninformation und redaktionellen Weiterverarbeitung ist in der Regel kostenfrei. Bitte klären Sie vor einer Weiterverwendung urheberrechtliche Fragen mit dem angegebenen Herausgeber. Eine systematische Speicherung dieser Daten sowie die Verwendung auch von Teilen dieses Datenbankwerks sind nur mit schriftlicher Genehmigung durch die United News Network GmbH gestattet.

counterpixel