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apple developer account for sale :Copper price dips, tin supply worries

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,TIN: Worries about supplies of the soldering metal have been reinforced by two companies holding large numbers of warrants title deeds to metal. (File pic shows MMC's tin ingots) LONDON: Copper prices came under pressure on Thursday from a higher dollar and spiking U.S. Treasury bond yields, but losses were capped by supply worries fuelled by shortages of concentrates. Benchmark copper on the London Metal Exchange was down 0.3% at $9,035 a tonne at 1707 GMT. Prices of the metal, used as a gauge of economic health by investors, touched $9,617 a tonne in February, the highest since August 2011 and up more than 15% since the start of the year. "Copper and other base metals have struggled to find clear direction in the last few weeks thanks to macro-market jitters and the bond market tantrum which caused consternation in cross-asset markets," ING *** yst Wenyu Yao said.Copper wires CONCENTRATES: Extremely tight copper mine supply has pushed spot treatment charges for concentrates to their lowest in more than a decade, with three sources reporting miner-trader deals of less than $20 a tonne in recent tenders. "Focus will be on whether those depressed margins could translate into *** elter curtailments and refined production losses," ING's Yao said. DOLLAR: A rising U.S. currency makes dollar-priced metals more expensive for holders of other currencies, which could subdue demand. INVENTORIES: Rising stocks of copper in LME-registered warehouses are weighing on sentiment. They are up more than 40% at 106,425 tonnes since the beginning of March. Copper stocks monitored by the Shanghai Futures Exchange stand at a six-month high of 171,794 tonnes. Higher availability has narrowed the premium for the cash over the three-month contract to around $12 a tonne from levels above $60 in late February. TIN: Worries about supplies of the soldering metal have been reinforced by two companies holding large numbers of warrants title deeds to metal. The premium for the cash over the three-month has flared out again and is now above $2,500 a tonne. Three-month tin gained 0.4% TO $25,850 a tonne. OTHER METALS: Aluminium slid 0.5% to $2,217, zinc fell 1.3% to $2,790, lead rose 0.4% to $1,923 and nickel fell 0.2% to $16,040 a tonne. - Reuters
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