Tin premiums may rise in 2013: consumers

Oct 22, 2012 | 04:05 PM | Chris Prentice

Tags  tin, delivered tin premiums, London Metal Exchange, LME Week, Chris Prentice

NEW YORK — Spot tin premiums remain unchanged in the United States, while early negotiations for 2013 contracts are indicating the same to slightly higher delivered premiums for next year, according to market sources.

"It’s still a big question mark," one tin consumer said. "We’ll probably set them in the next couple of weeks—some are pretty flat from this year. We’ve heard others that are up a bit and others that are up a slight bit."

Delivered spot premiums have remained in the $650- to $750-per-tonne range so far in 2012, although speculation of certain brands of Grade A material being offered as low as the mid-$500-per-tonne mark have been prevalent over the past several weeks. ....

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