Tin Output - Bloomberg 13 Oct
Indonesia, the world's largest tin exporter, said it may produce less of the refined metal this year than previously forecast as the price declines.
``We expected 100,000 tons of output but it may only be 86,000 tons,'' Bambang Setiawan, director general of coal and mineral resources, told reporters in Jakarta today. ``We will see if we have to cut production to below 80,000 tons to maintain prices amid a global crisis.''
Tin jumped $400, or 2.8 percent, to $14,500 a ton.
Should be good to keep Tin Prices steady.
Tin Output - Bloomberg 13 OctIndonesia, the world's largest tin...
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