Indonesian shipments plunge in August

Sep 13, 2012

Preliminary trade ministry data on the volume of tin metal checked prior to export from Indonesia indicated a very sharp fall in shipments last month. The tonnage inspected by surveying companies working for the ministry was 5,646 tonnes, 34% lower than in August...

Improvement in China demand predicted

Sep 11, 2012

Executives and Chinese solder companies interviewed by Reuters expect increases in tin demand and prices in the final quarter, although China’s tin use in 2012 will still be lower than last year. “If demand rises as expected, all of us will rush to...

Indonesian mines may face higher fuel costs

Sep 5, 2012

Some Indonesian tin producers may face higher fuel costs from this month. Bloomberg reported that Energy Minister Jero Wacik said that from 1 September vehicles used in mining and plantations will not be allowed to use subsidized gas and oil. However he said that...

PT Timah resumes spot sales

Aug 29, 2012

PT Timah has restarted spot sales after the recent surge in tin prices, according to President Director Sukrisno, reversing a decision to curb supplies after less than a month. Its total sales may rise to 36,000 to 37,000 tonnes this year Sukrisno told Bloomberg News....

China refined tin imports surge again

Aug 23, 2012

China imported 3,125t refined tin in July, up by 333% year-on-year and 31% compared to June. Total refined tin imports were 16,706t in January-July this year, more than three times the imports of 5,526t in the same period of last year. Of the total for the year to...

CRU forecasts revival in LME metals prices

Aug 22, 2012

A comparative review of price forecasts for 24 commodities published by leading UK-based consultancy CRU shows most of the LME metals performing better than other commodities in the next five years. CRU has constructed a Heat Chart rating commodities from...