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 they’ve had no problem in recent weeks acquiring the tin they need. "We’ve just moved forward some product," one trader said, noting that he had been able to reschedule some of his material for an earlier arrival. ....





Latest Pricing Trends

Poll

Do you think steel mills will succeed in their efforts to stop selling at a discount to the CRU index?

Yes
No
It’s too early to tell


View previous results

AMM Events


Quote

This whole thing is becoming a game of smoke.

Midwest service center