Government agencies re-assess tin stockpiles

The world’s strategic stockpiles of base metals are all active in today’s metals markets after a quiet recent past. However, they have been acting differently in the tin space. There are three major strategic reserves that are active in the tin market: the...

South Korea makes second 2016 stockpile purchase

South Korea’s Public Procurement Service (PPS) have purchased 100 tonnes of Malaysian tin from the Sanji Corporation for delivery in September at a c.i.f. premium to the LME price of $490, Reuters reported earlier today. This is the second purchase made by the...

South Korea increases stockpile purchases

South Korea’s state-run procurement agency plans to buy 127,266 tonnes of industrial metals next year, spending almost $668 million on the purchases, 20% more than it spent this year, Reuters reported. The Public Procurement Service (PPS), which manages South...

Korea makes further tin stockpile purchases

South Korea’s Public Procurement Service has bought a further 400 tonnes of refined tin at its latest tender, bringing purchases in the year to date to 1,900 tonnes. The agency, which maintains stocks on behalf of small and medium-sized manufacturing companies,...