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...

Timah forecasts shipments

Indonesia’s state-controlled tin producer PT Timah said that it would ship some 1,500 tonnes of tin this month and was aiming for annual exports of 25,000 tonnes, down from 28,000 tonnes in 2012. Its President Director Sukrisno told Reuters that he hoped that...

China’s ore imports from Myanmar booming

Reuters reports that tin ore shipped from Myanmar across the border for processing in Yunnan, China’s key tin producing province, more than tripled in July to 8,392 tonnes, quoting official Chinese customs statistics. Imports for the first seven months of the...

Indonesian exports up in August

Preliminary data released by Indonesia’s trade ministry showed that the tonnage of tin checked prior to export last month was 6,525 tonnes, up by 15.6% on August 2012, ahead of changes in regulations which could slash volumes this month. Cumulative tonnage in...

Indonesian exports fall in July

Preliminary trade data released by Indonesia’s trade ministry on 19 August showed a sharp fall in volumes as new regulations came into place. The tonnage of tin checked prior to shipment in July slipped to 6,466 tonnes, 22% lower than in July 2012 and 42% down...

New export rules dismay Indonesian producers

The decisions by the Indonesian trade ministry to revise export quality regulations and to require that tin exported be traded through a local market has produced critical reactions from producers surveyed by Bloomberg. Agung Nugroho, corporate secretary at PT Timah,...

Indonesian June export surge

Preliminary data released by Indonesia’s trade ministry today indicated a surge in tin shipments in June, ahead of new purity regulations that came into place on 1 July. The tonnage of tin surveyed in pre-shipment checks rose to 11,111 tonnes last month, 15.2%...

Indonesia relaxes quality controls on tin exports

Only a week after a new regulation on tin export quality came into effect, Indonesia’s trade ministry has announced a relaxation in impurity limits. In a regulation originally announced last December, refined tin exported after 1 July has to be a minimum 99.9%...