Tin Prices Steady on Indonesia’s Low Export
Reuters reported base metals plummeted, however tin steadied on news of lower exports from Indonesia.
Articles Tagged "tin exports"
Tin Export from Indonesia Plummets
Bloomberg reported Indonesia saw a 64% plunge in tin exports this quarter as rain and wind prevented mines from operation.
Tin Prices and Supply Volatility
As the old adage goes, “The only cure for high prices, is high prices.” The fundamentals of the tin market are showing this statement to be true. The high price in April prompted a sell-off of stocks in China. Now that the price is depressed Indonesia has ban exports hoping for a higher price.
Indonesia’s Tin Ban Exports to Last For One Month
Reuters reported Indonesia will ban the export of tin for one month in an effort to raise prices.
Indonesian Government Backs Tin Export Ban
SMH reported the Indonesian government is supporting a ban on tin exports aimed at reviving slumping prices.
Tin Jumps as Indonesia Halts Exports; Timah Plans Restart If Price ‘Right’
Bloomberg reported Indonesia will halt overseas shipments from Oct. 1 to support prices after a slump.
Indonesian Smelters Halt Tin Ingot Exports
Reuters reported smelters in Indonesia have halted all tin ingot exports and will meet this evening to decide the length of the ban.
Indonesia Tin Exports May Fall 50% on Price Drop
Reuters reported tin shipments from Indonesia may fall by over 50 percent to 40,000 tonnes per year.
Indonesia Stocks Mover: Energi Mega Persada, Berlian Laju, Timah
Bloomberg reported the Jakarta Composite index (JCI) slid 73.55 points, or 1.8 percent, to 3,924.95.
Indonesia’s Aug Tin Exports Seen at 8,559.61 Tonnes
Reuters Africa reported Indonesia's refined tin exports in August are estimated to rise 7.3 percent to 8,559.61 tonnes.
