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...

Further surge in Indonesian sales

Indonesian sales continue to run well above the 4,000 tonnes per month “cap” announced by leading producers and the governor of Bangka-Belitung in early May, but this might be a final rush before stricter controls start to take effect. Preliminary trade...

Further tightening of Indonesian export rules announced

A third revision of tin export regulations first launched by Indonesia’s trade ministry in 2013 was announced on 19 May, expanding the scope of products requiring trading through ICDX and also making a stronger link with regulation of mining sites by the energy...

Latest developments in Asian tin trading

At the ITRI China International Tin Forum in Shanghai last week speakers from the Shanghai Futures Exchange (SHFE) and Indonesia Commodity and Derivatives Exchange (ICDX), Asia’s two “new” tin exchanges, described recent and planned developments,...

Korea stockpile announces latest tin tender result

South Korea’s Public Procurement Service (PPS) bought 200 tonnes of standard grade MSC tin from Daewoo at its latest tender on 12 May, at a US$288 c.i.f. premium to the LME price. This is the fourth tin tender so far in 2015, with cumulative purchases to date...

Price collapse forces bigger cuts in Indonesia

The melt-down in LME tin prices on Friday produced an instant reaction from the main Indonesian producers, who will halt sales at prices below US$17,000/tonne. “PT Timah and all our members will not trade below US$17,000,” Jabin Sufianto, president of the...

Indonesian exports rise ahead of sales cap

Preliminary data released by Indonesia’s trade ministry on 8 April showed a surge in exports before a plan to limit sales to 4,500 tonnes per month came into effect. Exports in March were reported to Reuters at 6,929.70 tonnes, up by 16% compared to February and...