Indonesian Tin Exports Ban Extended Until 2012
25 Indonesian tin producers have extended the ban on tin exports until year-end.
Articles Tagged "tin price"
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.
Base Metals-Copper Hits Low, Demand Worries Weigh
Reuters Africa reports that copper hit a new low as tin and nickel went untraded today.
Tin’s Turn Around: From Deficit to Surplus
The tin market in 2010 was characterized by climbing prices and a supply deficit. Expectations that this year would be a repeat are being washed away as both prices and demand have slipped.
KL Tin Price Closes at New High
Business Times reports that the tin price on the Kuala Lumpur Tin Market soared to another all-time high today, rising sharply by US$500 to settle at US$32,200 per tonne, as supply fears continued to pressure the price.
Production Cuts from Indonesia Boost Tin
Reduced tin production from Indonesia has had a big effect on prices for the base metal. Fearing that the high prices will encourage a wave of new production, Indonesia has stated that it will limit production to 100,000 tonnes, which could cause a larger supply deficit in 2011, boosting prices even higher.
SGX Eyes Futures Contracts for Tin, Lead and Steel Billet
Reuters.com reports that the SGX is considering expanding into new metals futures contracts.
China tin imports down, prices up
Itri.com reports that Chinese tin imports are falling
Heavy rains abate, Indonesian Bangka tin output returns to normal
Mineweb.com reports that rains are subsiding in Indonesia, and tin production is expected to resume.
Tin Rises to Record on Concern Gap in Supply May Worsen
Bloomberg.com reports that the price of tin rose on speculations of a shortfall of supply
