Tin premiums in Europe increased slightly in the week to Tuesday April 24 due to a lack of supply from Indonesia, while premiums in China and the United States were unchanged week on week.
Indonesia exports less than half prior-month level so far in April Premium in Rotterdam at fresh two-month highs US premium supported by trucking shortage, China eyes LME price Premium nears $400/t in Europe The premium for 99.9% tin widened with a bias towards the upside this week due to limited supply from key producer Indonesia, but the lack of additional spot demand is keeping rates just below $400 per tonne for now. The99.9% premium with 300ppm lead content - the standard grade that matches mainstream production from Indonesia - widened to $355-395 per tonne on Tuesday from $360-385 in the previous week, a fresh two-month high. Offers have risen to $400 and above but no deal was reported there for truckloads. "There seems to be more supply tightness and it might get worse. PT Timah is no longer exporting and there are low stocks in the US and the...