GLOBAL TIN WRAP: Stable premiums on improved Indonesian supply; market watches RBT contract deliveries

By Echo Ma / March 07, 2018 / www.metalbulletin.com / Article Link

Tin premiums for standard 300ppm purity held in all region in the latest assessment on Tuesday March 6 on rising exports from Indonesia and low buying interest, while rates for low-lead tin retreated further from record highs after supply also improved.

99.9% tin premiums stable in Europe, the United States and China  Indonesia's ICDX volume for exports up a third in February from January  Supply tightness easing in low-lead market Rotterdam premium stable, market monitors RBT The tin premium for standard purity was stable this week in Rotterdam on improved supply from Indonesia and fewer spot inquiries, although the market was monitoring delays in contract deliveries from Refined Bangka Tin (RBT). The premium for 99.9% tin ingots with 300ppm lead content held at $320-370 per tonne in-warehouse Rotterdam on Tuesday, with deals reported at both end of the range in quieter spot trading conditions than during the first two months of the year. There was no immediate impact from news that Indonesia's RBT had deferred some contractual deliveries due to a fall in...

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