Indonesian tin shipments plan still unclear

Following a meeting on Friday called by the Governor of Bangka-Belitung province, Rustam Effendi, Indonesian tin exporters are continuing to discuss whether or how to manage their sales in order to support tin prices. Bloomberg reported that the 25 companies involved,...

Indonesian producers announce curbs on tin sales

PT Timah and the Association of Indonesian Tin Exporters (AETI) have announced different approaches to limiting sales in order to support prices over the last few days. The moves have been in response to the slump in LME prices to a low of $17,445 last week and a call...

Little progress on Indonesian moratorium plan

As LME and ICDX tin prices have fallen to new lows this week, the proposal by Bangka Belitung Governor Rustam Effendi to halt sales for two months or longer is making little headway, according to reports by Bloomberg and Reuters today. The governor first raised the...

China tin ores and concentrates imports up 50% in 2014

China imported a massive 177,950t (gross weight) of tin ores and concentrates in 2014, of which more than 97% was from Myanmar. ITRI estimates that the tin content of imported ore was around 28,000t, up by 50% compared with 2013. This is by far the highest annual...

Regulatory controls to constrain Indonesian exports in 2015

A new survey carried out by Bloomberg suggests that Indonesian tin exports could fall to around 61,000 tonnes this year due to tighter controls on mining operations. This is a drop of some 20% compared to a preliminary trade ministry estimate of 2014 exports of 75,925...

Indonesian exports bounce back in December

Indonesian tin exports increased to 10,318 tonnes in December, recovering strongly from an extremely low 465 tonnes in November, according to preliminary trade department data based on pre-shipment inspections by surveying companies. The annual 2014 tonnage, based on...

Record ore imports boost China tin production

China imported 28,875 tonnes (on a gross-weight basis) tin ores and concentrates in November. This is an all-time high, which exceeded the previous record import month (January 2014) by 9,909t. Almost all of the November imports were sourced from Myanmar. The total...

Indonesian exports slump to new low

On Thursday Indonesia’s trade ministry announced a preliminary November tin export figure of only 465 tonnes, based on pre-shipment checks made by surveyor companies. In messages to news agencies it also made a downward revision of the previous month’s...

More stockpile purchases by South Korea

South Korea’s Public Procurement Service bought 300 tonnes of refined tin for January delivery at its latest tender which closed on 5 December. The purchases of MSC tin were made from LG International at premiums of $425/t for 100 tonnes of 99.9% metal and...

Indonesian producers cool on Governor’s call for sales halt

A call by Bangka Belitung province Governor Rustam Effendi for Indonesian producers to halt shipments in order to support tin prices has not received much support, according to Bloomberg. The governor told reporters today that officials planned to meet producing...