http://z.about.com/d/chicago/1/0/c/-/-/ /TinManSculpture400x400.jpg

-Earliest Metal-First Tin Mining -First Trade

Dem. Rep.Congo

Nigeria

Uruguay

•Bronze•CoatingCorrosion•“Tin” “Can”•Tin Foil•Alloy•Army•Dental Care

http://www.global-b2b-network.com/direct/dbimage/50183261/Tea_Tin.jpg

Fluctuations in tin prices

Price history of tin

Solders

•Use of tin solder has increased rapidly

•European Union Waste Electrical and Electronic Equipment Directive (WEEE) and Restriction of Hazardous Substances Directive came into effect prohibiting the intentional addition of lead to most consumer electronics

•63% tin-95% tin

Shortage• The primary reason behind this shortage is a 30% reduction

in tin exports from Indonesia.

• Indonesia is the world's largest tin exporter, with a global market share of about 37 per cent

• global demand for tin will exceed production by 30,700 metric tons; with 337,000 tons produced and 377,700 consumed.

• Indonesian authorities have banned all exports from unlicensed tin mines and have begun regulating the quality of exports, which must meet standards set by the LME to receive an export license.

Tin plating• food containers in particular. • rise in food prices and a slower economy• High food prices • increase in canned goods purchased because

things like canned veggies tend to be cheaper than fresh, are subject to coupons and sales, and are easier to substitute than finding an alternative to milk. In other words, tin

• Quantity Demand curve for fresh goods

• Demand curve for canned goods

Results

•Demand has surged by more than 30 %

•Tin prices hit yet another record high on Friday of $24,595/metric ton ($11.16) in spot sales on the London Metal Exchange (LME).

P3

Q3

• Stundza, Tom. "Tin has skyrocketd in price." Purchasing.com. 1 Oct. 2007. 3 Nov. 2008 <http://www.purchasing.com/article/ca6406182.html>.

• Moloznick, Bruce S. Global Impact of the Accelerating Cost Increase of Metals on the Assembly Electronics Industry. 12 Mar. 2007. 4 Nov. 2008 <http://www.amtechsolder.com/key_metals.html>.

• "Solder." Wikipedia. 4 Nov. 2008 <http://en.wikipedia.org/wiki/solder>.

• "The Economics of Tin, 8th Edition." The-infoshop.com. Nov. 2004. 4 Nov. 2008 <http://www.the-infoshop.com/study/ros24981_economics.html>.

• Kyodo News International bbnet• Blas, Javis. "Shortages puch tin prices to record." FT.com. 19 July 2007. 4 Nov. 2008

<http://us.ft.com/ftgateway/superpage.ft?news_id=fto071920071335495429&page=2>. • Hanmin. "Demand causes surge in tin prices." The star online. 14 May 2007. 4 Nov. 2008

<http://biz.thestar.com.my/news/story.asp?file=/2007/5/14/business/17709485&sec=business>. • "The infoshop.com." The Economics of Tin, 8th Edition. Nov. 2004. 4 Nov. 2008

<http://www.the-infoshop.com/study/ros24981_economics.html>. • Moloznik, Bruce S. "Global impact of rising metal costs." MST. 4 Nov. 2008

<http://smt.pennnet.com/articles/article_display.cfm?article_id=291515&p=35&pc=enl>. • Simbolon, Johannes. "Tin's skyrocket price: Indonesian success story?" The jakarta post. 4 Nov. 2008. 4 Nov.

2008 <http://www.thejakartapost.com/news/2008/05/29/tin039s-skyrocketing-price-indonesian-success-story.html>.

• Wikipedia. ( 2008, October 28 ). Wikipedia. Retrieved October 29, 2008, from <http://en.wikipedia.org/wiki/Tin>