Tin premiums stagnant, but may rise
Oct 05, 2012 | 03:25 PM
| Chris Prentice
Tags
tin premiums,
delivered premiums,
tin,
London Metal Exchange,
LME,
backwardation,
Chris Prentice
NEW YORK Delivered tin premiums remained largely unchanged from previous levels, market sources told AMM, although lower offers for some brands of Grade A were reported.
Although North American supply was said to be tight, most sources maintained that theyve had no problem in recent weeks acquiring the tin they need. "Weve just moved forward some product," one trader said, noting that he had been able to reschedule some of his material for an earlier arrival. ....
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