Revised Indonesian export rule to take effect on 1 November
Indonesia’s trade ministry announced on Friday that a long-awaited change in export regulation 32/2013 will come into force from the start of November, and includes tighter controls on sales of non-ingot products. The original regulation required that all tin...Indonesian data diverges
Latest tin data released by Indonesia’s trade ministry on 10 July, the day after the country’s presidential election shocked many industry participants and observers. The total tonnage of tin checked by surveyors prior to shipment amounted to 12,377...PT Timah holds back on sales
First quarter results belatedly published by PT Timah on 30 June showed that it had boosted production but reduced sales in January-March. In interviews with the Jakarta Post and Reuters last week, the state-controlled company’s President Director Sukrisno said...Solder to get permanent exemption from Indonesian export rule
Indonesia plans to reverse a rule that would have forced all tin solder exports to trade on a local exchange from January next year, Reuters reported. In a bid to halt illegal mining and give Indonesia greater control over prices, a regulation last August forced all...Indonesian exports surge in May
Preliminary data released by the trade ministry today shows that the tonnage of tin checked prior to export in May more than doubled compared to April and was up by 25% compared to May 2013. The total tonnage was 12,778.8 tonnes, comprising 11,540.3 tonnes of ingots,...Indonesian smelters form new group – request information on impurities
Seventeen Indonesian private smelters have established a new representative group, the Association of Indonesia Tin Exporters (or AETI, from its title in Indonesian). The membership includes all the major independent smelters and most of the 21 seller members of the...Another low month for Indonesian exports
Provisional data released today by the Indonesian trade ministry shows refined tin exports of 5,848 tonnes in March, down by 37% compared to March 2013. The first quarter tonnage for this year, based on pre-shipment checks by surveyors, amounted to only 16,458 tonnes,...Tighter controls on Indonesian solder exports planned
Indonesia plans to tighten controls on tin solder exports by controlling the size of solder wire allowed for sales overseas, the Director General of Foreign Trade at the country’s trade ministry Bachrul Chairi told Bloomberg on Friday. Over the last six months...ICDX plans to expand activities
The Indonesia Commodity and Derivatives Exchange (ICDX) continues to attract new tin producer members and will look at establishing tin futures trading after September, Exchange Commissioner Fenny Widjaja told Bloomberg. The exchange has 21 producer members, with six...
