Tin premiums hold steady as LME rises
Jan 11, 2013 | 03:14 PM
| Chris Prentice
Tags
tin,
delivered premiums,
Grade A tin,
tin traders,
tin demand,
port strike,
Chris Prentice
NEW YORK — Delivered premiums for Grade A tin have remained stable amid a run-up in prices on the London Metal Exchange as demand resumes a slow pace and sources report minimal spot buying.
"It’s starting off slow. It’s a little better than December, but December was pretty bad," one trader said of January tin business so far.
A tin buyer agreed that year-end activity was slow, noting that while business picked up slightly in the first few trading days of the new year, the uptick nonetheless was nothing to write home about.....
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