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China may cut tin exports by 10% this year

(Shanghai Daily)
Updated: 2007-02-13 11:09

Prices have been boosted by a government crackdown in Indonesia on illegally mined ore, which led to the closure of 20 smelters in October. On January 22, the Indonesian government ordered miners to register within one month for the right to export the metal.

China, which had economic growth of 10.7 percent last year, will be unable to fill the supply gap left by Indonesia, Kettle said. China's refined tin output rose 15 percent to 138,000 tons in 2006 and may gain 10 percent this year, while its consumption has more than doubled in the past five years and may rise 17 percent to 140,000 tons this year, Antaike's Cui said.