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RR1:AU
Rights Issue and Shortfall
Indonesia Smelter Group Sees Higher Tin Price for Export
Oct. 12, 2011 02:29PM PST
Tin InvestingReuters reported a group of five smelters are ready to export 500 tonnes of tin ingots next week if prices hit $25,000 a tonne.
Reuters reported a group of five smelters are ready to export 500 tonnes of tin ingots next week if prices hit $25,000 a tonne.
As quoted in the market news,
The move to hold on to their earlier price stance comes despite the decision on Tuesday by state-owned PT Timah , the world’s top integrated tin miner , to resume tin ingot exports, breaking a stoppage agreed by smelters last month.
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