Wah jadi dong ni harga TINS rock and roll, naik kenceng, 8000, 9000 dan balik ke 11000 spt bbrp thn lalu?
Financial Times FT.com [image: FT.com logo] Markets [image: Advertisement] <http://ads.ft.com/click.ng/site=ftcom&pos=fmbut2&sec=5mar&artid=5homart> Indonesia's tin output to fall sharply<http://www.ft.com/cms/s/e51ca3a6-b08a-11db-8a62-0000779e2340.html> By John Aglionby in Jakarta Published: January 30 2007 17:57 | Last updated: January 30 2007 17:57 Tin production in Indonesia, the world's largest exporter, will fall by up to a third this year due to new government regulations to clean up the industry, the head of the country's largest manufacturer predicted on Tuesday. Thobrani Alwi, the president of Timah, estimated that production would drop to 80,000-90,000 tonnes from 120,000 tonnes last year because the new rules will force the majority of exporters out of business for months and some permanently.
From February 23 tin exporters will have to register with the trade ministry
and pay the government royalties of 3 per cent. Registration will require having one's own licensed production area or sourcing from a licensed contractor and an approved environmental impact assessment study. Many smelters buy tin from the thousands of people mining tin illegally with no environmental controls. The price of tin on the London Metal Exchange soared to a near 20-year high of $12,425 last week after the rules were announced. It traded at about $12,250 a tonne on Tuesday, up 64 per cent over the past 12 months. Of the 39 Indonesian tin producers and exporters, only two currently meet all the regulations. One of them is Timah. Mr Thobrani estimated that about a dozen of those shut down might meet all the regulations. "Some might be able to restart after a few months," he told the Financial Times. "Others might choose to work with Timah but many will probably have to close." Illegal mining last year accounted for about half of Indonesia's production. A multi-departmental government team is in Bangka Belitung, where all the illegal miners are based, helping them assess their options. Mr Thobrani said a "reasonable" price for tin was $12,000 to $13,000 a tonne. He said Timah might increase its capacity if the price rose to about $13,000 a tonne or if LME stocks, currently 11,555 tonnes, dropped dramatically. Timah's capacity is 50,000 tonnes and it has at least 10 years of reserves. Global demand, which has risen in recent years since tin started replacing lead for soldering, is predicted to be about 365,000 tonnes this year. Tin is also used in cans, alloys and glass production. China is the world's largest producer but keeps much for domestic consumption. Indonesian tin is usually of a higher quality. Copyright <http://www.ft.com/servicestools/help/copyright> The Financial Times Limited 2007 "FT" and "Financial Times" are trademarks of the Financial Times. Privacy policy <http://www.ft.com/servicestools/help/privacy> | Terms<http://www.ft.com/servicestools/help/terms> (c) Copyright The Financial Times<http://www.ft.com/servicestools/help/copyright>Ltd 2007.
