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Reuters Africa reported tin premiums in Europe rose this week as inventories declined in London Metal Exchange (LME) warehouses.
Reuters Africa reported tin premiums in Europe rose this week as inventories declined in London Metal Exchange (LME) warehouses.
The market news is quoted as saying,
Traders quoted premiums for 99.999 percent purity Chinese material in Rotterdam SN-CN — paid over the LME cash price — at $600-$700 a tonne compared with $550-$750 in early September.
Standard-grade Malaysian tin in Rotterdam SN-MY was quoted at $400-$600 a tonne, compared with $350-$500.
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