China faces curb on tin output as Indonesia bans low-grade exports

Posted on August 29, 2013 by Nanthakumar Victor Emmanuel, P.Eng Leave a comment

HONG KONG (Aug 29, 2013): China will be forced to scramble for supplies of low-grade tin from Malaysia and London Metal Exchange (LME) warehouses after a rule change in top exporter Indonesia, which supplied material used to produce 10% of China’s high-grade tin last year.

Reduced supply from Indonesia is likely to curb the growth of refined tin output in China, while the push to source feed elsewhere could support LME tin prices, which have fallen more than 7% this year, traders and sources at smelters said.

http://www.thesundaily.my/node/220653