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...Certification delays could slash Indonesia November exports
Only three Indonesian tin companies are so far ready to meet new export rules due to be introduced next month, Reuters reported, quoting Jabin Sufianto, president of the Indonesian Association of Tin Exporters (AETI). From 1 November Indonesian tin exporters must...China clamps down on hidden tin exports
Favourable price arbitrage since the end of September should have encouraged Chinese tin exports, at least for tin products which are exempt from the 10% export duty charged on refined tin ingot. However this is not evident in the latest official trade statistics...Indonesia exports re-start at modest pace
Preliminary figures released by the Indonesian trade ministry to news agencies today showed that 6,391.74 tonnes of tin was checked by surveyor companies prior to export in September. While this was up by 17.5% compared to September 2014, it follows a zero export...ICDX tin futures contract under development
The Indonesia Commodity & Derivatives Exchange (ICDX) is currently planning a tin futures contract, which it hopes to introduce within the next 3 to 6 months, according to its head of business development, Stella Lukman, who spoke with ITRI earlier this week at...PT Timah obtains export permits
Indonesian tin miner PT Timah has been granted clearance by the government to resume tin shipments following a halt when new rules for exporting the metal were implemented at the beginning of August. The new regulations are intended to address environmental damage and...Indonesian exports down in July
Preliminary data from Indonesia’s trade ministry confirmed that the tonnage of tin checked by surveyors prior to shipment fell significantly last month. Figures released to Reuters yesterday showed a total volume of to 6,329.92 tonnes, down by 24% on June and by...Indonesian tin shipments to be hit by new regulation
After a surge in sales in June and early July, Indonesian smelters now expect delays in obtaining licences as a new export regulation comes into effect at the end of this week. Tin exports in June were provisionally reported at 8,337 tonnes, well above expectations,...
