Tin supply unlikely to expand as Indonesian production fall

India Info Online.com reports that there is anticipation that tin supply will not increase, as Indonesian production will be down.

The story is quoted as saying:

Indonesia the world s second largest tin producer and largest exporter exported much less of the base metal again in December as year on year exports fell 9.2% to 7722 tons. For the full year Indonesia exported 92487 tons of tin a decline of 6.9%. An exceptionally long rainy season on account of the La Nina weather phenomenon badly hit Indonesia s tin production and transport especially in the second half of the year says Commerzbank.

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