Copying and distributing are prohibited without permission of the publisher
Indonesian export ban boosts nickel, tin prices
December 05, 2013 - 20:01 GMT
The Indonesian ministry of energy and mineral resources has reiterated its intention to ban mineral raw materials exports from January, helping nickel and tin prices to gain ground.
Three-month nickel on the London Metal Exchange opened at
$13,656 per tonne on Thursday December 5 and traded as high as
$13,918 per tonne. It reached an official price of $13,840/50
per tonne and finished the kerb at $13,750 per tonne. The
contract had settled at an official price of $13,585/90 per
tonne on Wednesday. The ministry has published more than one
release about the ban on its website, one of which carried the
title: "Starting January 12, 2014 Export of...
All material subject to strictly enforced copyright laws. ©
Euromoney Institutional Investor PLC.
Please log in using your online subscriber details.
Your username will be your registered email address with Metal Bulletin.
If you aren't a subscriber yet, feel free to take a seven day free trial, or subscribe using the instructions below.
A standard subscription include one year's worth of news and prices. You can also upgrade to a premium subscription and benefit from news and pricing data going back to 1997 plus access to our online database - MB Company Data.
Taking a free trial will give you open access to Metal Bulletin online news, prices, archived content and email alert service for the next seven days. Start your free trial today.