The European physical tin business remained stable this month, with traders reporting low 

liquidity levels. 

A  trader  confirmed  European import premiums for both 99.9% and 99.85% grades at the 

current S&P Global Platts assessment level. 

He added it was "tricky to pin ranges as they are subjective to each market participant, and 

with current low liquidity, prices are difficult to visualize." 

The Platts 99.9% European tin premium was assessed steady on the month at $450-$550/mt 

plus LME cash, in-warehouse Rotterdam on November 15. 

Likewise, Platts 99.85% European tin premium was assessed flat from a month ago at $400-

$450/mt plus LME cash, in-warehouse Rotterdam. 

A second trader said he saw the 99.9% premiums around $450-$550/mt plus LME on an IW 

Rotterdam basis, adding he also saw the 99.85% premium around $400-$450/mt. 

He added that the market was quiet in Europe, nor anything fundamentally market changing, 

for premiums to move. A third trader said there was "no change in situation" from the previou

s month and the market was "overall stable." 

He added that he had seen an increase in demand for higher grade material -- with lower lea

d content for use in specialist chemical processes. 

A fourth source agreed, but also said that this was not a new trend, but one that had been 

gradually happening for some time.