PRICING NOTICE: Proposal to discontinue four tin ingot premium assessments in Rotterdam, Singapore, Shanghai

Fastmarkets MB proposes to discontinue four weekly tin spot premium assessments in Rotterdam, Shanghai and Singapore due to a lack of spot liquidity.

The four prices are the 99.85% tin ingot premiums in-warehouse Rotterdam and cif Shanghai and the 99.9% tin ingot premiums for standard and low-lead purities in-warehouse Singapore. 

Fastmarkets MB will continue to publish weekly premiums for 99.9% standard and low-lead tin ingots in Rotterdam and Shanghai as well as US tin premiums for Baltimore and the Midwest region.

Fastmarkets MB remains committed to the tin market and will continue to track its evolution and progress, providing appropriate pricing mechanisms where needed. 

Market feedback regarding the proposed discontinuation is now open.  

The consultation period for the discontinuation of these premiums will end one month from the date of this pricing notice on January 5, 2019. Subject to the results of the consultation, changes will take place on the same date.

To provide feedback on these premiums, or if you would like to provide price information by becoming a data submitter, please contact Hassan Butt or Violet Li by email at pricing@fastmarkets.com

Please add the subject heading FAO: Hassan Butt, re: Tin ingots 99.85%/99.99% Rotterdam/Singapore in-warehouse premium. For China, FAO: Violet Li, re: Tin ingots 99.85% Shanghai cif premium. 

To see all Fastmarkets MB’s pricing methodology and specification documents, go to https://www.metalbulletin.com/prices/pricing-methodology.html.

What to read next
After a consultation period, Fastmarkets has amended the pricing frequency of its MB-STE-0141 steel billet import, cfr Manila, $/tonne, price assessment from a daily basis to twice per week.
Fastmarkets invites further feedback on proposed amendments to its newly launched MB-NI-0256 Nickel low-carbon briquette premium, cif global, price assessment.
Fastmarkets proposes to amend its MB-STE-0782 steel billet export, fob ports Iran and MB-STS-0019 steel slab export, fob ports Iran assessments.
Fastmarkets proposes to amend its MB-STE-0896 steel slab import, cif Italy, $/tonne price assessment.
The publication of the following prices was delayed on Tuesday April 30 due to technical issues. Fastmarkets’ pricing database has been updated.
The publication of Fastmarkets’ cobalt hydroxide, min 30% co, inferred price was delayed on Tuesday April 30 due to a technical error. Fastmarkets’ pricing database has been updated.