Indonesian September exports higher than predicted

Oct 7, 2014

Preliminary data released by Indonesia’s trade ministry today showed that 5,442 tonnes of tin was checked prior to shipment by surveyor companies in September, up by 51% compared to August. The tonnage checked comprised 5,252 tonnes of refined tin ingot, 69...

Indonesian sales remain slow

Sep 30, 2014

Sales of refined tin on the ICDX exchange dropped to the second lowest monthly total on record in September, as sellers held out for higher prices. Monthly turnover in September was 2,550 tonnes, down by 47% compared to August. In interviews with Bloomberg and Reuters...

Mixed views on China market at SMM conference

Sep 26, 2014

Analysts from SMM and ITRI presented similar views on Chinese refined tin supply at the SMM Tin Conference in Suzhou at the end of last week, but rather divergent estimates of demand. While SMM analyst Wu Xiaofeng predicted that China tin consumption would grow by...

Indonesian police release containers but continue investigation

Sep 23, 2014

Indonesian police had detained 91 containers of tin from 9 September but will now allow 82 to be shipped if they have export documents and customs clearance, Muhammad Firman, a deputy director at Bangka Belitung Police told Bloomberg. However the police are still...

Babel police investigate tin export documentation

Sep 19, 2014

According to local press reports Bangka-Belitung police are investigating the legality of 91 containers of tin held in Pangkalbalam port on Bangka island. Top level officials led a swoop last Tuesday night (9 September), which appears to have been triggered by...

Myanmar seeks tin smelting joint venture partners

Sep 19, 2014

Myanmar’s Ministry of Mines has invited expressions of interest from private sector firms to jointly set up tin smelting and refining plants, the Myanmar Business Today website reported. The No.2 Mining Enterprise under the ministry will go into a Private Public...