Tin premiums across Europe and the United States were flat in the week to Tuesday October 2, with supply flows from Indonesia and other producing countries remaining steady amid a slowdown in business while the market awaits the start of LME Week 2018.
Rotterdam 99.9% premium holds multi-year low amid oversupply US premiums flat on sparse trades European premiums hold firm with participants well stocked The premium for 99.9% standard grade tin ingot with 300ppm lead content in-warehouse Rotterdam was unchanged this week at $290-325 per tonne, maintaining its lowest level since March 2017. Participants have reported quiet market conditions ahead of the annual LME Week gathering in London starting on October 8, with market players well stocked and looking ahead to the first quarter of 2019. "Nobody wants to do anything at the moment, with much of the market awaiting LME Week. I think market players will start to build positions afterwards,...