Alphamin plays the Trump card (TSX:AFM) (JSE:APH)
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Alphamin plays the Trump card (TSX:AFM) (JSE:APH)

As international markets settle after a jittery start to 2020, confidence has returned to a fragile market following a rocky 2018 and an even more disappointing 2019. The longawaited USA-China- deal seems to have settled at least some nerves. In the process of ramping up tin-concentrate production, the Trump-Jinping “phase-one” settlement couldn’t have come at a better time for Bisie. All indications are that tin supply will dry up in 2020 while demand will increase, albeit gradually. The tin price is not expected to ignite any sudden fireworks in 2020 though. It will hold firm at best, and nobody predicts that it will knock the lights of the market, even if global tensions ease and consumption patterns change for the better. However, if the deficit gap continues to deepen, 2021 might just be the year for tin.

Publication: Core Consultants

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