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,...

No let-up in Myanmar sales

Latest official customs data from China shows that tin ore and concentrate from Myanmar continues to flow in large volumes across the border between the two countries. June imports by China amounted to 24,632 tonnes gross weight, up by 55% compared to June last year....

Fifth tin brand listed by Shanghai exchange

The Shanghai Futures Exchange (SHFE) has recently listed a fifth Chinese producer’s brand, adding to the four brands from major domestic producers (Yunnan Tin, China Tin, Yunnan Chengfeng and Gejiu Kaimen) which were registered at the time of the launch of the...

Another big month for Indonesian exports

Preliminary data provided by the trade ministry to news agencies yesterday indicated that Indonesian tin exports in June were more than double the 4,000 tpm “cap” announced by major producers and the governor of Bangka-Belitung in early May. Based on...