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...

More private smelters join ICDX

Seven of Indonesia’s private tin smelters are now members of the Indonesia Commodity & Derivatives Exchange (ICDX). The companies, along with state-controlled PT Timah account for around a half of Indonesian tin production. According to the ICDX website, the...

Trade regulation slashes Indonesian exports

Preliminary data based on pre-shipment checks for Indonesia’s trade ministry showed that tin exports in September had fallen by 92% compared to the same month last year. 786 tonnes of tin was cleared for export, of which 400 tonnes was in the form of ingots and...

Indonesian market volumes increase

Tin trading volumes on the Indonesia Commodity and Derivatives Exchange (ICDX) have picked up an average of over 100 tonnes per day so far this week, according to market data published on the exchange website. Indonesian tin producers have been forced to use the...