Korean Agency Books Tin Delivery -Shanghai Metals Market

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Korean Agency Books Tin Delivery

Industry News 04:04:23PM Jun 24, 2010 Source:SMM

SHANGHAI, Jun. 24 -- South Korea's Public Procurement Agency has bought 200 tonnes of refined tin from local trading company Hanwha via a tender closed on Wednesday, while passing on another tender to buy 200 tonnes, Reuters reported. The PPA bought standard grade 99.85% tin at a premium to the LME price of $320/tonne cif Incheon for shipment by 15 September.

The premium was slightly lower than that agreed ($340/tonne) at its previous tender. The agency has once again passed on a second tender for 200 tonnes of 99.9% high grade tin, as there was only a single bidder.

Key Words:  tin Sn 

Price

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#1 Refined Cu
Apr.19
49430.0
-170.0
(-0.34%)
Yangshan Copper Premium(Bill of Lading)
Apr.19
51.5
0.0
(0.00%)
Yangshan Copper Premium(Warehouse Warrant)
Apr.19
50.5
0.0
(0.00%)
Imported Cu Concentrate TC(Cu≥26%,Week)
Apr.19
67.0
-1.5
(-2.19%)
Imported Cu Concentrate TC(Cu≥26%,Month)
Mar.29
73.5
-6.0
(-7.55%)

Korean Agency Books Tin Delivery

Industry News 04:04:23PM Jun 24, 2010 Source:SMM

SHANGHAI, Jun. 24 -- South Korea's Public Procurement Agency has bought 200 tonnes of refined tin from local trading company Hanwha via a tender closed on Wednesday, while passing on another tender to buy 200 tonnes, Reuters reported. The PPA bought standard grade 99.85% tin at a premium to the LME price of $320/tonne cif Incheon for shipment by 15 September.

The premium was slightly lower than that agreed ($340/tonne) at its previous tender. The agency has once again passed on a second tender for 200 tonnes of 99.9% high grade tin, as there was only a single bidder.

Key Words:  tin Sn