Indonesia Smelters to Ship 800T Tin Despite Export Ban

Reuters Africa reported Indonesian tin smelters will export a total of 800 tonnes of tin to Singapore, breaking the industry’s self-imposed ban.

As quoted in the market news:

Smelters in Indonesia’s main tin producing region of Bangka island stopped shipments from Oct. 1 in an effort to push benchmark tin prices above $23,000 a tonne, although PT Koba Tin sent a 600 tonne shipment to Singapore this week.

Click here to read the full Reuters Africa report.