Indonesian exports rebound in May
After a slight slowing in pace in April, Indonesian tin exports surged again in May, according to latest preliminary data released by the trade ministry today. The quantity of tin checked prior to shipment last month was 9,242 tonnes, up by 18% on the previous month...China tin imports decline, exports increase
The latest official data shows China imported 1,198t refined tin in April, down by 27% year-on-year and 24% compared to the previous month. The biggest decline was in imports from Indonesia, which fell by 68% y/y. This fits with a 16% y/y fall in Indonesian exports to...More Korean stockpile purchases
South Korea’s Public Procurement service bought a further 500 tonnes of refined tin through two tenders this week, bringing total purchases in the year to date to 1,000 tonnes. The agency plans to buy 2,200 tonnes this year. Both tender awards went to Daewoo...Korea stockpile authority back in market
South Korea’s Public Procurement Service (PPS) bought 300 tonnes of MSC brand tin on 15 May through a public tender, its second purchase of refined tin this year. The metal will be supplied by Metal Park at a premium of $575/tonne to the LME price cif Incheon,...Indonesian export boom continues
Preliminary data shows that refined tin shipments from Indonesia, the world’s top exporter of the metal, gained 11.3% in March to 9,295.70 tonnes from 8,354.49 tonnes in February, a trade ministry official told Reuters. Indonesian refined tin exports for March...China imports in February slow down
China imported 1,145t refined tin in February, down by 51% compared to January and 69% year-on-year. Although it is the lowest monthly imports in the recent past, it is still a higher level compared with imports before 2012. There has been no profitable space for...China tin imports increased again in January
China imported 2,350t of refined tin in January, according to the latest data from China Customs. This was up by 46% year-on-year and also 23% higher than imports in December. There has not been any profitable arbitrage space from last October for the general import...China refined tin trade patterns changing
China imported 1,908t of refined tin in December 2012, down by 33% month-on-month and 44% year-on-year. The price differential between China and the LME has been very narrow and non-profitable for general imports in December and January, so we expect refined imports...Indonesian exports remain strong
Refined tin shipments from Indonesia climbed 9.4% in December from a month earlier after prices gained for a second month, Bloomberg reported. Exports rose to 8,689.2 tonnes from 7,946 tonnes in November, according to data from the trade ministry today. Overseas sales...
