Provisional data based on surveyors’ reports shows that the volume of refined tin inspected prior to export from Indonesia rose from 7,431 tonnes in February to 8,606 tonnes in March. The latest figure was slightly lower than the March 2007 volume of 8,699 tonnes. The rise from February to March reflects seasonal factors and the resumption of shipments by PT Koba Tin.
Most Indonesian in transhipped via Singapore, which was the destination of 7,559 tonnes in the March figures. The other main destinations were Malaysia (477 tonnes) and Japan (225 tonnes).
The surveyors’ reports are part of the export licencing system introduced by the Ministry of Trade last February. In the twelve months to end-March 101,417 tonnes of refined tin were checked for export.
