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Reuters reported Indonesia’s Commodity & Derivative Exchange will launch a physical tin contract on Dec. 15.
Reuters reported Indonesia’s Commodity & Derivative Exchange will launch a physical tin contract on Dec. 15.
As quoted in the market news:
Material for the physical tin contract will be supplied by members of the Indonesia Tin Association, including the world’s largest integrated miner, PT Timah.
The new physical tin contract will trade in 5-tonne lots, for 15 minutes each day, from 0230 to 0245 local time, Widjaja added.