Indonesian November exports lower than expected
Preliminary data on the tonnage of tin checked by trade ministry surveyors prior to shipment from Indonesia last month indicated that a very low volume was shipped in the month. 2,202 tonnes of tin was recorded, 75% lower than in November 2010 and 60% down on the...Indonesian exports in full flow
The export halt by Indonesian tin producers which began at the start of October has broken down completely this week. A spokesman for Indonesia’s tin association (ITA) told Reuters on Friday its members will ship 7,000 tonnes of tin ingots overseas this week....PT Koba Tin ships tin at second attempt
Indonesian tin producer PT Koba Tin has shipped 400 tonnes of tin ingot to Singapore, a port official told Reuters on Monday. Hundreds of smelter workers on Bangka had thwarted an initial attempt by the company to make the shipment on Friday, but the firm went ahead...Bangka tin market set for early 2012 launch
The Indonesian Commodity & Derivative Exchange (ICDX) and the Indonesian Tin Association (ITA) will establish a physical tin market on December 15 that may become operational as early as January next year, ITA spokesman M Fitriansyah told American Metal Market....Indonesian private smelters confirm ban, discuss plans for 2012
Independent smelter members of the Indonesia Tin Association agreed yesterday to continue an export halt to the end of this year, although Indonesia’s two large integrated producers, PT Timah and PT Koba Tin, did not attend the meeting at which the decision was...Latest news on Indonesian export halt
Two Bloomberg reports this week have provided some insights into which companies are continuing to export tin in the current quarter and also play down earlier calls for the introduction of a quota system. As previously reported, trade ministry data showed that 5,442...Indonesian exports rise despite halt
Provisional data released by the trade ministry today shows that the tonnage of tin metal checked prior to export in October was 5,442 tonnes, 4% higher than in the previous month, despite the agreement by most Indonesian producers to halt sales from 1 October. The...Tin at the crossroads – Tin Industry Review 2011
ITRI’s latest detailed review of industry prospects concludes that there are still strong reasons to expect historically high tin prices 3-4 years ahead. Global demand should be around 400,000 tonnes a year by 2015, mineral resources at existing operations are...Indonesian export ban backed by 25 producers
Twenty five tin smelters in Indonesia agreed to extend an export ban until the year-end to boost prices, Ismiyardi, head of the provincial parliament in Bangka Belitung, told Bloomberg. PT Timah, and PT Koba Tin back the extension, said Ismiyardi after an industry...
