Traders prepare for summer lull in European tin market
May 16, 2012 | 07:02 AM
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Activity in the European tin market is steady but quiet, as demand remains low and traders prepare for the traditional summer lull on the continent, traders told Metal Bulletin.
One trader went as far as to say the market is “absolutely dead”, and that almost no business is being done in Europe.
“Nothing’s been happening. I think people are looking to have lower stocks for the summer months,” he said.
“Quite a few people have enough for now and June....
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