UPDATE 1-Indonesia Sees April Tin Exports up 30 pct y/y-Shanghai Metals Market

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UPDATE 1-Indonesia Sees April Tin Exports up 30 pct y/y

Industry News 02:43:31PM May 19, 2010 Source:SMM

JAKARTA, May 19 -- Indonesia's refined tin exports are estimated at 7,926.49 tonnes in April, up from 6,082.37 tonnes a year earlier, trade ministry data showed on Tuesday, largely thanks to better weather conditions.

Indonesia, the world's biggest tin exporter, shipped 27,901.09 tonnes of refined tin in the January-April period this year, compared to 32,040.89 tonnes in the same period last year.

Tin production in the first three months of 2010 was hurt by heavy rains which made it harder to mine for tin offshore.

"Besides the improved weather, demand has picked up from a year ago because of the economic recovery," said a trade official who declined to be named.

Tin is used in soldering electronic goods and for food packaging.

The bulk, or 77.5 percent, of Indonesia's April tin exports were shipped to Singapore and the rest went to Taiwan, Malaysia, the Netherlands, Japan, the United States, China, Turkey, South Korea, Pakistan, India, and Hong Kong.

 

Key Words:  tin export tin import  tin Sn 

UPDATE 1-Indonesia Sees April Tin Exports up 30 pct y/y

Industry News 02:43:31PM May 19, 2010 Source:SMM

JAKARTA, May 19 -- Indonesia's refined tin exports are estimated at 7,926.49 tonnes in April, up from 6,082.37 tonnes a year earlier, trade ministry data showed on Tuesday, largely thanks to better weather conditions.

Indonesia, the world's biggest tin exporter, shipped 27,901.09 tonnes of refined tin in the January-April period this year, compared to 32,040.89 tonnes in the same period last year.

Tin production in the first three months of 2010 was hurt by heavy rains which made it harder to mine for tin offshore.

"Besides the improved weather, demand has picked up from a year ago because of the economic recovery," said a trade official who declined to be named.

Tin is used in soldering electronic goods and for food packaging.

The bulk, or 77.5 percent, of Indonesia's April tin exports were shipped to Singapore and the rest went to Taiwan, Malaysia, the Netherlands, Japan, the United States, China, Turkey, South Korea, Pakistan, India, and Hong Kong.

 

Key Words:  tin export tin import  tin Sn