Indonesia Tin Exports in Quarter Seen Lowest Since 2010
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Refined-tin shipments from Indonesia, the world’s largest exporter, may decline in the first quarter to the lowest level in two years as monsoon rains disrupt mining, according to a Bloomberg News survey.
Exports may drop 11 percent to 20,000 metric tons from 22,568 tons a year earlier, according to the median estimate in a survey of four company executives, an analyst and a trader this week. That’s the lowest for any quarter since the first three months of 2010 when sales were 19,975 tons, data from the trade ministry showed.