Fall in Indonesian April exports

Provisional trade ministry data released today indicates a substantial fall in tin metal exports last month. The quantity of tin checked prior to export in April was 7,489 tonnes, 22.9% down on the same month last year and 4.9% lower than the 8,608 tonnes checked in...

Indonesian tin volume slower in March

Refined tin shipments from Indonesia, the world’s top exporter, fell 4.9% in March compared to a year ago, mostly due to heavy rainfall, a trade ministry official told Reuters. The tonnage of tin metal checked prior to shipment in March was 8,608 tonnes,...

No plan for Indonesian tax rise

Indonesia is not formally discussing a suggestion from the Industry Ministry to tax exports of coal and minerals Bloomberg reported, following interviews with government and industry officials. The clarification came following reports yesterday that the ministry was...

China imports soared in February

Chinese refined tin imports soared in February to 3,719 tonnes, twelve times higher than a year ago, as well as a 130% growth versus January, according to China Customs data. The large tonnage is believed to include delayed deliveries of substantial volumes of tin...

Indonesian exports stronger in February

The tonnage of tin checked prior to export in February rose 35% year-on-year to 8,325 tonnes, according to trade ministry data released on Monday. The rise followed a very low January figure and occurred despite usual poor monsoon weather. “Refined tin exports...

Indonesian market settles in

Trading in physical tin on the Indonesia Commodity & Derivatives Exchange (ICDX) is now in its second month, with generally low volumes and prices slightly higher than those recorded on the London Metal Exchange. Turnover in the INATIN contract, launched at the...

China tin imports decline in January

China imported 1,615 tonnes refined tin in January, according to latest China Customs data. This was less than half of December’s level, and the biggest month-on-month decline of all the base metals. The refined tin imported was mainly from Indonesia and...

Vinto expansion to be completed by H2

The Ausmelt furnace that Bolivia’s Vinto metallurgical complex (EMV) is installing will be up and running in H2, an official from state miner Comibol told BNamericas. “Right now, the last pieces of equipment are being installed and the testing stage is...

Indonesian exchange starts tin trading

The Indonesia Commodity & Derivatives Exchange (ICDX) started trading a physical tin contract today to create an alternative price benchmark to the London Metal Exchange, after twice delaying the initiative. Bloomberg reported that two lots of 5 tonnes traded...

Indonesian tin trading further delayed

The Indonesia Commodity & Derivatives Exchange (ICDX) has delayed for a second time the introduction of a physical tin contract to allow potential users more time to prepare, Bloomberg reported. Trading will start on 1 February instead of 12 January said Syahrul...