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Reuters Africa reported Indonesia’s tin association said its members will ship 7,000 tonnes of tin ingots overseas this week.
Reuters Africa reported Indonesia’s tin association said its members will ship 7,000 tonnes of tin ingots overseas this week.
As quoted in the market news:
Smelters in Indonesia’s main tin producing region of Bangka island stopped shipments from Oct. 1 in a self-imposed effort to push benchmark tin prices above $23,000 a tonne, although the gates appear to have opened after PT Koba Tin broke the basn last week by sending a shipment to Singapore.
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