Timah looks for bounce back in sales and profits

Nov 28, 2013

Indonesian state tin company PT Timah is looking for a major boost to sales revenues and profits in 2014 as tin prices recover, its President Director Sukrisno told reporters at an investment summit yesterday. The Jakarta Post reported that the company, which saw a...

China exports rise, imports fall

Nov 25, 2013

China’s net refined tin imports have fallen sharply this year as a result of over-supply in its domestic market and unattractive price arbitrage. According to official customs figures, China exported 826t refined tin and tin alloy in October, up by 560% y-o-y....

Latest developments on Indonesian tin trading

Nov 13, 2013

The impact of Indonesia’s Ministry of Trade Regulation No 32/2013 on the local industry and global market continues to dominate attention. Bloomberg reported that the Indonesia Commodity and Derivatives Exchange (ICDX), through which all tin ingot exports must...

Indonesian shipments recover

Nov 8, 2013

Indonesia’s trade ministry said that combined shipments of tin ingots and solder increased sharply to 4,070 tonnes in October, up from only 786 tonnes in September. October exports were split 3,314 tonnes tin ingot and 756 tonnes of solder. The corresponding...

Minsur reports jumps in tin and gold production

Nov 8, 2013

Peru’s only tin producer Minsur reported improved third quarter results, based on a recovery in tin production and a faster than expected rise in gold production from its new mine. Minsur’s net profit rose by 28% to US$66.8million in the quarter from $52.2...

LME to cut queues, improve transparency

Nov 8, 2013

The London Metal Exchange (LME) announced on Thursday that it has approved proposed changes to its warehousing policy designed to cut queues to remove metals at warehouses, following a three-month consultation with the global metals industry. “As the...