Tin premiums widen on lower transaction levels

Nov 06, 2012 | 12:52 PM | Chris Prentice

Tags  tin, delivered premium, Grade A tin, London Metal Exchange, LME, tin ingot, tin alloy, tin anode Chris Prentice

NEW YORK — The range for delivered tin premiums has widened over the last two weeks, as more market sources reported transactions at lower levels for Grade A tin.
AMM’s delivered premiums range widened to $600 to $750 per tonne, compared to the $650- to $750-per-tonne range that the premiums had been trading in throughout the year, as sources reported buying metal at lower prices and validated previous speculation that sub-$600 premiums existed for certain brands of Grade A material (amm.com, Oct. 5). ....

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