Refined tin shipments from top exporter Indonesia rose to 3,314.05 tonnes in October, up four-fold from 785.99 tonnes in September, a trade ministry official said on Thursday. Indonesia also exported 755.72 tonnes of solder in October, the official told Reuters. However, refined tin exports from Southeast Asia's top economy fell 70 percent from the corresponding month a year ago.
On August 30, Indonesia introduced a regulation forcing all 47 registered tin ingot exporters to trade on a domestic exchange before shipping material, part of a plan to set its own price benchmarks for the solder material.