ICDX volumes plummet as LME prices fall
With one exception, Indonesian tin producers have halted sales since 28 August in response to the fall in LME prices to below US$21,000/tonne. After ten market days with no trading, fresh sales of tin were made on the Indonesia Commodity and Derivatives Exchange...Indonesia, Thailand losing share in Japanese market
Total refined tin imports into Japan declinedby 1.2% to 13,087 tonnes in the first half of this year, with large falls in imports from Indonesia and Thailand partly offset by increased sales from Malaysia and Peru, according official customs data. The Indonesian share...Indonesian exports up in July
Indonesia’s trade ministry released preliminary export data for July yesterday, based on pre-shipment checks made by surveying companies. The tonnage checked was 7,645.2 tonnes, up by 18% compared to July 2013. In a statement e-mailed to news agencies the...Revised Indonesian export rule to take effect on 1 November
Indonesia’s trade ministry announced on Friday that a long-awaited change in export regulation 32/2013 will come into force from the start of November, and includes tighter controls on sales of non-ingot products. The original regulation required that all tin...Indonesian data diverges
Latest tin data released by Indonesia’s trade ministry on 10 July, the day after the country’s presidential election shocked many industry participants and observers. The total tonnage of tin checked by surveyors prior to shipment amounted to 12,377...China tin trade patterns little changed in May
China continues to be a net exporter of tin metal (mainly in the form of duty-free tin products) and a big buyer of concentrates from Myanmar, according to latest customs figures. China imported 645 tonnes refined tin in May, down by 51% y-o-y, but a 59% rise compared...Solder to get permanent exemption from Indonesian export rule
Indonesia plans to reverse a rule that would have forced all tin solder exports to trade on a local exchange from January next year, Reuters reported. In a bid to halt illegal mining and give Indonesia greater control over prices, a regulation last August forced all...Indonesian exports surge in May
Preliminary data released by the trade ministry today shows that the tonnage of tin checked prior to export in May more than doubled compared to April and was up by 25% compared to May 2013. The total tonnage was 12,778.8 tonnes, comprising 11,540.3 tonnes of ingots,...China refined tin trade reflects local surplus
Although it is not immediately clear from the customs data, it looks like an over-supplied local market and a low domestic price relative to the LME has turned China into a net exporter of tin metal in the first four months of 2014, although it remains a large...
