LME users upset by tin squeeze

Oct 1, 2009

The tin market on the London Metal Exchange is "disorderly" and prices are distorted as latest data shows one entity controls more than 90 percent of stocks and cash contracts, industry sources told Reuters on Wednesday. "This is not a good situation...

China’s August imports ease

Sep 23, 2009

Latest trade data released by China shows tin imports following a pattern similar to that of many metals and other commodities: tonnages have continued to decline from peaks reached a few months ago, but are still well above year-ago levels. Refined tin imports in...

No slowdown in Indonesian shipments yet

Sep 17, 2009

Trade ministry data released today indicates that tin exports out of Indonesia remained quite high in August, before the latest police clampdown took full effect. The volume of tin checked for export by surveyors amounted to 8,444 tonnes last month, 2.6% higher than...

More Indonesia arrests

Sep 16, 2009

Indonesian police said on Tuesday they have arrested nine tin ore collectors in a fresh crackdown on illegal mining in the main tin-producing islands, which may force smelters to remain shut for longer. Pipit Rismanto, head of the special crime unit in the...

Korea stockpile authority to maintain purchase volumes through 2010

Sep 16, 2009

Base metal stockpile purchases by South Korea in 2010 will be similar to this year’s total, the state-run Public Procurement Service said on Wednesday. In 2009, the agency plans to buy 199,800 tonnes of base metals worth 584 billion won ($482 million), and has...

PT Timah investment to focus on new dredges in 2010

Sep 9, 2009

Having slashed capital spending to Rp 325 billion this year, Indonesia’s PT Timah will spend Rp 450 billion (US$45 million) next year on new dredges alone. Much of this year’s capex is related to the construction of a new tin chemicals plant in Java....