Indonesian exchange promotes ITCE2015 tin conference
The Indonesia Commodity and Derivatives Exchange (ICDX), along with Indonesia Clearing House (ICH), are planning a second tin conference, to be held in Bali from 9 – 11 September. According to ICDX the Indonesia Tin Conference and Exhibition (ITCE) “will cover...Another big month for Indonesian exports
Preliminary data provided by the trade ministry to news agencies yesterday indicated that Indonesian tin exports in June were more than double the 4,000 tpm “cap” announced by major producers and the governor of Bangka-Belitung in early May. Based on...President calls for new tin strategy for Indonesia
During a two day visit to Bangka-Belitung province at the weekend, Indonesia’s new president Joko Widodo (Jokowi) called for a new plan to combat illegal mining and boost tin prices. The President inaugurated new port facilities at Tanjung Batu, Belitung island...Further surge in Indonesian sales
Indonesian sales continue to run well above the 4,000 tonnes per month “cap” announced by leading producers and the governor of Bangka-Belitung in early May, but this might be a final rush before stricter controls start to take effect. Preliminary trade...Further tightening of Indonesian export rules announced
A third revision of tin export regulations first launched by Indonesia’s trade ministry in 2013 was announced on 19 May, expanding the scope of products requiring trading through ICDX and also making a stronger link with regulation of mining sites by the energy...AETI plans rehabilitation pilot projects
The Association of Indonesian Tin Exporters (AETI), which currently represents 20 independent Indonesian tin producers and smelters, has reported that it is working with NGOs, led by Apple Inc., to develop a series of pilot projects aimed at rehabilitating abandoned...Indonesian April exports down, with further fall predicted by Babel governor
Preliminary data released by the Indonesian trade ministry today shows April tin exports at 5,071 tonnes, down by 2.8% compared to April last year, based on pre-shipment checks by surveying companies. The data appeared shortly after Bangka-Belitung Governor Rustam...Major Indonesian producers comment further on planned cuts
Following initial announcements made last Friday, spokesmen for the two largest Indonesian tin producers provided further information on their immediate plans to Reuters and Bloomberg on Tuesday and Wednesday this week. PT Timah Corporate Secretary Agung Nugroho told...Price collapse forces bigger cuts in Indonesia
The melt-down in LME tin prices on Friday produced an instant reaction from the main Indonesian producers, who will halt sales at prices below US$17,000/tonne. “PT Timah and all our members will not trade below US$17,000,” Jabin Sufianto, president of the...
