Fastmarkets tin premiums were stable around their recent multi-year highs on the fortnight to Tuesday April 6, with no spot trade reported in the US and Europe given the lack of material available to would-be sellers.
Peruvian mines increased their tin production in February, totaling 1,949 tonnes and up by 8.82% from 1,791 tonnes in the same month last year. The three-month tin price on the London Metal Exchange touched $26,065 per tonne on Tuesday, the most since March 23. Some 340 tonnes of tin have been booked for removal from Port Klang warehouses since April 1. US tin premiums steady on high plateauThe squeeze felt most in...