KLTM adds brands and new member

The Kuala Lumpur Tin Market, the oldest physical tin market in Asia, has expanded its range of registered tin brands as of May and will welcome a new member company, BTG Pactual Commodities Singapore, from 15 June. KLTM was established as the successor to the 75-year...

Indonesian exports rebound in April

After a very weak first quarter, Indonesian tin shipments recovered strongly in April, according to preliminary figures released by the trade ministry today. Last month’s exports amounted to 6,910.78 tonnes, up 36% compared to April 2015, based on pre-shipment...

Myanmar tin ore exports plummet in February

Latest official customs statistics released by China yesterday showed that the country’s tin ore and concentrate imports from Myanmar totalled just 8,641 tonnes (gross weight) in February 2016, down 88% from 72,436 tonnes in January and down 53.0% year-on-year....

South Korea makes first tin stockpile purchase of 2016

South Korea’s Public Procurement Service (PPS) made its first tin purchase this year on 15 March, buying 200 tonnes of standard grade low lead MSC metal by tender from Daewoo International at a c.i.f. premium to the LME price of $494. This is the first time that...

Regulation and flooding curb Indonesian tin operations

Preliminary data from the Indonesian trade ministry has revealed that the country exported 2,486 tonnes of tin in January, down 63% from the 6,770 tonnes exported in January last year, while recent flooding on the island of Bangka is expected to affect tin operations...

Myanmar tin ore export boom continues

Latest official customs statistics released by China yesterday showed that the country’s tin ore and concentrate imports from Myanmar hit a new monthly record level of 43,531 tonnes (gross weight) in December 2015. Annual imports from Myanmar last year amounted...

Indonesian tin shipments lower in December

Preliminary data released by the trade ministry today puts December tin exports at 5,804.95 tonnes, down by 43.7% compared to an unusually high December 2014 figure. The data is based on pre-shipment checks made by surveyor companies as part of the ministry’s...

China prices rebound as production is cut

China domestic tin prices have soared by more than 20% in the past 10 days. The big differential which had emerged between prices on the Shanghai Futures Exchange (SHFE) and LME encouraged arbitrage buying on SHFE, forcing covering of speculative short positions. The...

Indonesia’s 2015 tin exports likely to be below 70,000 tonnes

Based on preliminary November data released by Indonesia’s trade ministry at the end of last week, the country’s refined tin exports this year are likely to fall below 70,000 tonnes for the first time since 2003. Reuters reported on Saturday that November...

South Korea adds to tin purchases

South Korea’s Public Procurement Service (PPS) said on 13 November that it had bought 100 tonnes of tin for December arrival, adding to the 200 tonnes it had also purchased via a tender the previous week. At the first tender, which closed on 4 November, the PPS...