Indonesia’s November tin exports recover after two-month slump

Posted on December 3, 2013 by Nanthakumar Victor Emmanuel, P.Eng Leave a comment

Indonesia’s tin exports picked up in November to around two thirds of typical levels, Reuters analysis of exchange data showed, recovering from a two-month slump triggered by a change in the country’s export rules. More tin shipments by the top exporter could help bring down global prices that hit a seven-month top in October as supply from Indonesia slowed, but premiums in Asia will be supported with London Metal Exchange stocks still near 18-month lows.