Launch of Singapore tin ingot premium

Fastmarkets has launched an FOB Singapore tin spot premium assessment, with tin poised to be a critical mineral in the ongoing global energy transition and Asia a key region for the metal’s production and consumption.

The initial assessment will be published on Tuesday August 6.

The specifications are as follows:

MB-SN-0045 – Tin 99.9% ingot premium, fob Singapore, $/tonne
Quality: Ingot. 99.9% tin purity conforming to LME specification: BS EN 610:1996 with 200-300 ppm lead content
Quantity: Min 5 tonnes
Location: FOB Singapore, premium on top of LME cash prices
Timing: Within two weeks
Unit: USD/tonne
Payment terms: Cash against document, telegraphic transfer, other terms normalized
Publication: Once every two weeks. Tuesday, 3-4pm London time

The price will be a part of the Fastmarkets base metal price package.

To provide feedback on the price or if you would like to provide price information by becoming a data submitter to this price, please contact Yiwen Ju/Zachary Tia by email at: pricing@fastmarkets.com. Please add the subject heading “FAO: Yiwen Ju/Zachary Tia re: Singapore tin ingot premium.”

Please indicate if comments are confidential. Fastmarkets will consider all comments received and will make comments not marked as confidential available upon request.

To see all Fastmarkets pricing methodology and specification documents, go to: https://www.fastmarkets.com/methodology

What to read next
Fastmarkets will not publish any price assessments for US animal fats and oils, animal proteins, biomass-based diesel, hide and leather, grain and feed ingredients, organic/non-GMO and vegetable oils on Monday February 17.
Copper smelters struggling with record low treatment and refining charges (TCs/RCs) won’t be able to look to the Cobre Panama mine to ease market tightness any time soon.
Robert Yildirim aims to make CoreX a top 50 mining giant, expanding in nickel, chrome and renewables.
Fastmarkets has amended the name of the price assessment for nickel ore 1.8% basis 15-20% Fe water content: 30-35% Si:Mg ratio<2 lot size 50,000 tonnes, cif China. The name of the price has been shortened to nickel ore with 1.8% nickel content, cif China to enhance its readability and alignment with other Fastmarkets nickel ore […]
Fastmarkets will launch a European Spruce #2 2x4 16-foot assessment to add transparency to the most imported lumber item from Europe into the United States.
After a month-long consultation period, Fastmarkets has discontinued this price due to low market liquidity. All short-term forecasts associated with this price (or these prices) produced by the Fastmarkets research team, if any, have also been discontinued. If you have any comments on the discontinuation of this price, please contact Natasha Porter by email at: pricing@fastmarkets.com. Please […]