Tin trading volumes surge

Jul 10, 2009

The London Metal Exchange (LME) today issued an unaudited statement for trading volumes in its base metals, steel billet and plastics contracts during the first six months of 2009. Total lots traded on the exchange rose 1.8% to 55,185,086 compared with the same period...

Speculation about LME speculation grows

Jul 8, 2009

In recent days news agencies and the trade press have raised concerns that large scale speculative trading of the spread between LME September and December delivery dates threatens to disrupt the market. Last week bids of up to 10,000 lots (50,000 tonnes) to borrow...

China Tin goes for Shanghai listing

Jul 7, 2009

Liuzhou China Tin group, China’s second largest integrated tin producer and the world’s number seven refined tin producer, plans to achieve “A” listing on the Shanghai stock exchange via an acquisition of Henan Oriental Silver Star Investment...

Indonesia issues 30th export licence

Jul 7, 2009

Indonesia has approved an export licence for another company, bringing the total number issued to 30, a trade ministry official told Reuters on Monday. The ministry approved a permit for CV Nurjanah, which is based in Bangka-Belitung province, earlier this month,...

China issues second batch of export quotas

Jul 3, 2009

China’s Ministry of Commerce (MOFCOM) issued a second batch of 2009 export quotas for a range of metals at the end of June. The quotas granted to exporters covered tin tungsten, molybdenum, indium, antimony, silver and rare earths. The quota for tin and tin...

Indonesia’s tin quota still on hold

Jun 26, 2009

Plans to establish a cap in Indonesian tin production, first proposed more than two years ago, have now been deferred until next year according to Metal Bulletin. The energy and minerals ministry has decided to wait for the publication of mining and mineral...