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market news

Indonesian Tin Producers Cut Exports

Investing News Network
Aug. 16, 2012 09:41AM PST
Industrial Metals Investing

Reuters reported at least six producers in Indonesia’s main tin mining hub of Bangka Belitung have cut exports sighting low prices.

Reuters reported at least six producers in Indonesia’s main tin mining hub of Bangka Belitung have cut exports sighting low prices.

As quoted in the market news:

Indonesia is the world’s top tin exporter, but with current low demand thinning producers’ profit margins to below cost, there may be further disruptions to shipments, officials said.

Click here to read the full Reuters report.

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