ITRI view on tin supply/demand position

Apr 29, 2009

At its six-monthly Board meeting last week, ITRI members considered the short-term outlook for world tin supply and demand. The market is expected to be in surplus by 5,000 – 10,000 tonnes in 2009 as a result of the sharp decline in world consumption caused by...

Further Indonesian smelter gets export licence

Apr 29, 2009

Indonesia’s trade ministry has granted a further licence to export refined tin, a ministry official told Reuters on Monday, bringing the total number of companies with licences to 25. The export permit was approved for PT Babel Inti Perkasa on April 24, said the...

Tinplate price increases hit headlines

Apr 27, 2009

Recent annual contract tinplate price rises are raising concerns not only with can makers but also fillers and even supermarket chains. On Friday the Wall Street Journal described customer reactions in the USA and Europe, while the South African press has reported...

Tongkah Harbour to acquire Indonesian mine

Apr 24, 2009

Thailand’s Tongkah Harbour PCL expects to complete the purchase of a tin mine in Indonesia by the middle of this year as it extends capacity, its managing director Ronald Ng told Reuters. The mine in Kalimantan on Borneo island will also yield gold and zircon...

WBMS: Tin demand in February at ten year low

Apr 23, 2009

In its latest release of base metals data, the World Bureau of Metals Statistics (WBMS) said that estimated global tin consumption for January and February 2009 was 39,500 tonnes, which was 30% below the comparable period of 2008. Estimated apparent tin consumption in...

Indonesian production restrained, despite no progress on quotas

Apr 23, 2009

Indonesia’s tin production may not reach 90,000 tonnes this year amid slowing global demand, a director general at the energy ministry told Reuters on Wednesday. The government said in February that it expected tin production to rise to 105,000 tonnes from the...