New Indonesian foreign ownership rules could impact MSC

Mar 14, 2012

Indonesia’s move to limit foreign companies to no more than 49% equity interest in some of its mines could spell bad news for Malaysian companies with mining operations in the republic, the country’s The Edge financial daily reported. Indonesia’s...

Indonesian exports stronger in February

Mar 13, 2012

The tonnage of tin checked prior to export in February rose 35% year-on-year to 8,325 tonnes, according to trade ministry data released on Monday. The rise followed a very low January figure and occurred despite usual poor monsoon weather. “Refined tin exports...

Indonesian market settles in

Mar 7, 2012

Trading in physical tin on the Indonesia Commodity & Derivatives Exchange (ICDX) is now in its second month, with generally low volumes and prices slightly higher than those recorded on the London Metal Exchange. Turnover in the INATIN contract, launched at the...

CRU forecasts strong commodity prices to 2015

Feb 29, 2012

The leading independent metals consultancy CRU is forecasting a re-bound in commodity prices this year and generally firm market conditions in the medium-term, with tin prices expected to rise more than most. CRU and ITRI work together in covering the tin industry. In...

Guangxi tin mines remain closed

Feb 27, 2012

Tin mines in the Hechi city area of Guangxi province, China, remain closed as the authorities investigate cadium poisoning of the Longjiang River. Last week ten people from two local zinc smelters were arrested, Metal Bulletin reported. One of the plants, Guangxi...

China tin imports decline in January

Feb 24, 2012

China imported 1,615 tonnes refined tin in January, according to latest China Customs data. This was less than half of December’s level, and the biggest month-on-month decline of all the base metals. The refined tin imported was mainly from Indonesia and...