Tin Exports From Indonesia May Drop to Lowest in Almost Three Years on Ban

Bloomberg reported tin shipments from Indonesia may slump 26 percent this month after producers agreed to ban spot-market sales.

As quoted in the market news:

Exports may drop to 4,000 metric tons, according to the median estimate in a Bloomberg News survey of eight traders, analysts and producers compiled last week. That compares with 5,442 tons in October and an average of 8,136 tons in the first nine months, before the ban took effect. The trade ministry may issue the data for November in the second week of December.

Click here to read the full Bloomberg report.