Tin trading on London Stock Exchange

Investors can now take speculate on rising tin prices on the London Stock Exchange, using an Exchange Traded Commodity (ETC) product launched by ETF Securities on 12 November. Long cocoa, lead and platinum ETC products were introduced at the same time. The new ETCs...

Fall in Brazilian tin production

Data from Brazil’s tin association SNIEE shows a 14.7% year-on-year decline in national mine production in January-September this year. Total output of tin-in-concentrate was reported at 8,101 tonnes, down from 9,495 tonnes in the same period of 2008. The drop...

Indonesian exports continue to decline in October

Provisional data released by the trade ministry today indicates that October was another slow month for Indonesian smelters. The volume of tin checked for export by surveying companies as part of the ministry’s export licencing scheme last month was 7,060...

MSC reports Q3 improvement in Indonesian business

Malaysia Smelting Corporation reported a net profit of M$9.6 million (US$2.8 million) in the quarter to end-September, following a small first half net loss. Net and pre-tax profits in the year to date were M$7.4 million and M$18.3 million respectively. At the...

YTC production down, profits recovering

China’s Yunnan Tin Company produced a total of 69,124 tonnes of non-ferrous metals and products for the first nine months of 2009, a decline of 8% year on year, Metals Week reported. However its cumulative net profit in the period, at RMB 87.8 million (US$12.9...

Production by Bangka tin consortium remains low

Johan Murod, director at private tin consortium Bangka Belitung Timah Sejahtera (BBTS) told Metal Bulletin that production by the seven smelters in the group remains constrained by limited ore supplies. Since mid-October, BBTS has re-activated two more smelters in...