Tin premiums steady amid holiday slowdown
Dec 04, 2012 | 02:39 PM
| Chris Prentice
Tags
tin market,
London Metal Exchange,
LME,
delivered premiums,
spot premiums,
Grade A tin,
Chris Prentice
NEW YORK — Delivered premiums for Grade A tin have held steady over the past two weeks despite a run-up in exchange prices as market sources reported limited activity in the second half of November.
"The last two weeks of November were very slow, though people came back to the market" Monday, one trader said, citing both the Thanksgiving holiday as well as consumers’ unwillingness to build inventories before the end of the year.....
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