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...China issues first 2014 export quotas
China has issued the first batch of 2014 metal export quotas, including rare earths, antimony, molybdenum, tungsten, indium and tin. The initial quotas, excluding rare earths, account for about 70 percent of the total China aims to give for the industrial metals in...Indonesian November exports catch up
Trade ministry data released today shows that Indonesian tin supply has revived following several months of low sales as new export regulations took effect from 30 August. Since that date all ingot exports have been made via the Indonesia Commodity and Derivatives...Trade Minister and officials happy with new export regulation
Interviews conducted by Bloomberg with leading players involved in Indonesia’s new tin export regulation after three months in force reveal general satisfaction with the effects so far. Since 30 August all tin ingot exported must by traded through a local...China exports rise, imports fall
China’s net refined tin imports have fallen sharply this year as a result of over-supply in its domestic market and unattractive price arbitrage. According to official customs figures, China exported 826t refined tin and tin alloy in October, up by 560% y-o-y....Latest developments on Indonesian tin trading
The impact of Indonesia’s Ministry of Trade Regulation No 32/2013 on the local industry and global market continues to dominate attention. Bloomberg reported that the Indonesia Commodity and Derivatives Exchange (ICDX), through which all tin ingot exports must...Indonesian shipments recover
Indonesia’s trade ministry said that combined shipments of tin ingots and solder increased sharply to 4,070 tonnes in October, up from only 786 tonnes in September. October exports were split 3,314 tonnes tin ingot and 756 tonnes of solder. The corresponding...ICDX volumes rising
The Indonesia Commodity and Derivatives Exchange (ICDX) told Bloomberg on Monday that 500 tonnes of tin which had been sold through the exchange would be exported this week. This would bring shipments made this month up to 1,130 tonnes. Trading volumes on the exchange...
