Indonesian exports steady in May
The tonnage of refined tin checked prior to export from Indonesia last month rose 12.2% year-on-year to 7,866 tonnes, according to data released by the trade ministry today. However exports in the base period last May were lower than normal. In the first five months...Korea makes second stockpile purchase
South Korea’s Public Procurement Service (PPS) announced that it had bought 300 tonnes of refined tin through a May 25 tender, the second purchase of tin it has made this year. The contract for the supply of 99.85% tin was awarded to Hanwha Corporation at a...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...
