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    market news

    Indonesia Tin Association to Ask Timah to Stop Shipments to Support Prices

    Investing News Network
    Nov. 23, 2011 02:33PM PST
    Industrial Metals

    Bloomberg reported the Indonesia Tin Association will ask PT Timah (JAK:TINS to stop all shipments to support global prices.

    Bloomberg reported the Indonesia Tin Association will ask PT Timah (JAK:TINS to stop all shipments to support global prices.

    As quoted in the market news:

    Twenty-six companies agreed to keep a spot export ban until the yearend at a meeting yesterday, Murod said in an interview. Timah and PT Koba Tin were not present, he said. Two calls each to the mobile phones of Timah President Director Wachid Usman and Corporate Secretary Abrun Abubakar weren’t answered.

    Click here to read the full Bloomberg report.

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