November 10, 2021

LME Tin’s rally continues unabated, with more potential upside into 2022. 

Tin prices have surged in 2021, up nearly 77% on the year.  Its rally has outpaced all other LME metals.  Analysts polled by Reuters estimate that tin prices could stay above $30,000/mt into 2022 if supply constraints persist.  End users of tin consider standard hedging strategies, such as call options, or swaps to reduce upside price risks. Please contact AEGIS for specific strategies that fit your operations. (11/10/2021)

Note: Clients with AEGIS Platform access can see this and other research, plus hedge portfolio reporting and tools here. 

Price Indications

Today's Charts

AEGIS Insights

11/01/2021: Section 232 Tariffs: Most relevant developments (AEGIS Reference)

10/28/2021: AEGIS Factor Matrices: Most important variables affecting metals prices

10/14/2021: Is It Wise to Hedge HRC Steel with Crude Oil?

Important Headlines & Economic Data

AISI Steel Capability Utilization Rate

Investing.com Economic Calendar 

11/09/2021: Tin Ticks All The Commodity Supercycle Boxes

11/09/2021: Copper price down despite supply scarcity concerns

11/09/2021: Nickel prices seen falling in 2022 due to surplus

11/09/2021: Infineon CEO: chip supply to remain tight in 2022

11/08/2021: China’s daily coal production hits new high of 11.93 mln tons, further ensuring energy supply

11/07/2021: China’s coal imports in October nearly doubled from a year ago

11/06/2021: Honda Motor (HMC) Q2 2022 Earnings Call Transcript

11/05/2021: Honda profit dips 30% as chip crisis hits output, sales