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
The daily composite prices for these grades were incorrectly calculated without the settled Chicago assessments on April 9. The composite prices for No1 heavy melting scrap and No1 busheling are calculated using the average settled prices for Chicago, Philadelphia and Pittsburgh. The composite price for shredded auto scrap is calculated using the average settled prices […]
The prices include historical data starting from February 2003 for export to Thailand and Vietnam. The two prices are:AG-MBM-0022 Meat and bone meal, bovine, export, cfr Thailand $/tonneLocation: CFR, Export to ThailandTiming: Shipment the next calendar monthUnit: USD per tonnePublication: Weekly, Thursday 1pm eastern timeNotes: Meat and bone meal pro 50% AG-MBM-0023 Meat and bone meal, bovine, […]
With these two additional price assessments, Fastmarkets intends to supplement its current stainless steel offerings to further serve the white goods and automotive industries. Ferritic or 400-series stainless steel products occupy a middle ground between the austenitic stainless grades and coated products such as hot-dipped galvanized and painted steel. With this launch, Fastmarkets intends to […]
These new prices will complement Fastmarkets’ extensive suite of black mass payables indicators and prices across Asia, Europe and North America. The new launches take Fastmarkets’ total offering of black mass payables indicators and prices for black mass and EV battery scrap to 21 assessments. China is the world’s largest lithium-ion battery recycler, with more […]
This price is part of the Fastmarkets Scrap package. For more information on our North America Ferrous Scrap methodology and specifications please click here. To get in touch about access to this price assessment, please contact customer.success@fastmarkets.com.
Aurubis CEO says that copper smelting growth is likely but the market needs to avoid overcapacity