Bangka producers may export 16,000 tonnes of tin in December
Dec 07, 2011 | 01:31 AM
Tin producers on Indonesia’s Bangka island are preparing to ship up to 16,000 tonnes of tin from stockpiles built up during a self-imposed ban on exports in October and November.
“All smelters are arranging for shipment now. Last week, 2,000-3,000-tonne shipments by two smelters in Bangka left for Singapore via Jakarta,” an industry source in Bangka said.
“Two other ships are loading in Bangka port this week, and expected to leave with 5,000-6,000 tonnes of tin by end of this week or next week,” he added.
Ten smelters, including PT Koba Tin, have contributed to the 5,000-6,000 tonne shipment that will be leaving this week or next week to Singapore, according to a report shown to Metal Bulletin by the Indonesian Tin Association (ITA).
“All the shipments will either go to buyers in Singapore, or in transit in Singapore first before being shipped to buyers in China, Taiwan, and Japan,” ITA president Hidayat Arsani said.
The remaining shipment....
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