China refined tin imports drop to 10 year low

China’s monthly refined tin imports in February reached the lowest point in the last 10 years. Imports in February were only 210t, down by 82% year-on-year. Affected by the Spring Festival, the whole tin industry was inactive for nearly half of the month. It is...

Indonesian navy releases part of seized tin shipment

Following a meeting in Batam yesterday, the Indonesian navy has agreed to release 73 containers of tin out of a total of 134 which it impounded last week, Bloomberg reported. The clearance was announced by Megain Wijaja, CEO of the Indonesia Commodity and Derivatives...

More tin products among Indonesian exports

Latest preliminary data released by the trade ministry showed that 5,998 tonnes of tin was exported in February, up by 30% compared to the previous month but down by 28% compared to February 2013. Another feature of the latest data, based on document checks prior to...

China buys concentrates instead of metal

China’s refined tin imports in January amounted to 732t, down by 69% on January 2013. Volumes have been quite flat since August 2013, affected by the Indonesian supply bottleneck and ever growing quantities of tin concentrate import. Refined tin imports did...

Indonesia looks at export regulation amendment

Indonesia’s trade ministry is reported to be considering changes to its tin export regulation as a result of a surge in shipments of tin in forms other than ingots. All ingot sales have to be made via the Indonesia Commodity and Derivatives Exchange (ICDX), but...

Indonesia losing share in Japanese tin market

Japan’s refined tin imports in 2013 amounted to 27,190 tonnes, marginally ahead of the 27,096 tonnes imported in 2012. One notable feature of the latest data is that the downward trend in Indonesia’s share of the market has continued, falling to 45.1% last...

Indonesian exports slump in January

Provisional data released by Indonesia’s trade ministry today shows a big drop in refined tin and solder shipments in January. The total volume of tin ingot and solder checked by surveying companies prior to export was 4,613 tonnes (3,152 tonnes of ingot and...

Ministries forecast 2014 Indonesian tin supply

Indonesia’s Ministry of Energy and Mineral Resources and Trade Minister Gita Wirjawan have this week given similar forecasts on Indonesian tin supply volumes in 2014, Bloomberg reports. On Wednesday an energy ministry presentation to parliament forecast that tin...

Indonesian exports soar in December

Provisional data released by Indonesia’s trade ministry today show that tin exports jumped to 13,562 tonnes in December, up by 161% on the previous month and by 56% compared to December 2012. The report is based on checks carried out by surveying companies prior...

PT Timah lifts force majeure

PT Timah has lifted a force majeure declaration it made on sales to contract customers on 30 August, Corporate Secretary Agung Nugroho told Bloomberg and Reuters. The declaration had been made immediately on the entry into force of a new export regulation requiring...