Tin premiums steady in lackluster market
Feb 01, 2013 | 05:05 PM
| Suzy Waite
Tags
Tin,
tin premiums,
Grade A tin,
low-lead tin,
Suzy Waite
NEW YORK — Grade A tin spot premiums held firm amid tepid business in the first month of the year.
A few small spot deals were closed, but January was quiet for the most part, which has kept AMM’s spot premiums for Grade A tin between $600 and $750 per tonne.
"January started off relatively slow. There was a little pickup, but not great," one trader told AMM.
"Demand is off," a producer source said, attributing it to the slowing economy. "I think we’ll just keep bubbling along here." ....
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