China tin industry cautious on market outlook for 2013

Dec 14, 2012

The first Tin Market Outlook Reception to be held by ITRI China in Beijing on 6 December attracted 91 delegates, including representatives of most leading producers, consumers and trade houses. At the end of meeting ITRI carried out a poll of participants’ views...

South Korea increases stockpile purchases

Dec 14, 2012

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...

Indonesian shipments lower in November

Dec 13, 2012

Refined tin shipments from Indonesia, the world’s largest exporter, fell in November, the first decline in three months, after rain hampered production, Bloomberg reported. Exports declined 28% to 7,946 tonnes from 11,048 tonnes in October, data from the Trade...

Comibol production falling

Nov 29, 2012

Bolivia’s state mining organisation Comibol has seen its tin production fall in the first three quarters of 2012, despite the nationalization of the former Glencore-controlled Colquiri mine in June. According to official mines ministry statistics,...

China imports and production decline

Nov 27, 2012

Chinese refined tin imports were 2,324 tonnes in October, down by 30% month-on-month and 42% year-on-year. This was still a high volume, especially as there has been no price arbitrage space for general imports since September. Cumulative imports in January to October...

Timah reveals production and investment plans

Nov 22, 2012

Indonesia’s state-controlled tin company PT Timah expects refined tin output to drop to 29.000 -30,000 tonnes this year and remain steady in 2013 as it limits production to boost profits amid weak tin prices, President Director Sukrisno told news agencies and...