Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

Refined-Tin Exports From Indonesia Gain to Highest in 10 Months

Refined-tin shipments from Indonesia, the world’s largest exporter, gained 12 percent in October to the highest level in 10 months as prices gained.

Exports rose to 11,048.4 metric tons from 9,874.5 tons in September, data from the Trade Ministry showed today. That’s the highest level since December, when shipments reached 15,102.8 tons. Sales were 5,441.6 tons in October of last year.

Higher shipments from Indonesia, which account for about 40 percent of global trade, may halt the rally in tin in London. Futures have risen 17 percent since July when the metal plunged to the lowest close since 2010.

The metal was shipped to 13 countries last month, with Singapore accounting for about 67 percent of sales, the data showed. Other destinations include Malaysia, Japan, China and South Korea.

Producers in Indonesia restricted sales in August after the price of the metal used to make solder and packaging dropped in July. The stoppage, which idled about 70 percent of smelting capacity in Bangka-Belitung province, the country’s main producing region, lasted for less than a month after prices rallied.

Tin for three month delivery fell 1.2 percent to $20,295 a ton on the London Metal Exchange at 5:54 p.m. Jakarta time.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.