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.

August 6, 2024

By Yiwen Ju

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