Business Recorder - Markets - Financial https://www.brecorder.com/ Business Recorder en-Us Copyright 2026 Fri, 14 Aug 2026 05:52:00 +0500 Fri, 14 Aug 2026 05:52:00 +0500 60 Indonesia's Timah sees 2011 tin price rise https://www.brecorder.com/news/2100/indonesias-timah-sees-2011-tin-price-rise <p class="MsoPlainText"><img style="margin-right: 10px; margin-bottom: 10px; float: left;" src="https://i.brecorder.com/images/stories/tin-400.jpg" width="400" height="300" />JAKARTA: Indonesia's state-owned PT Timah, the world's largest integrated tin miner, said on Monday it expects 2011 tin prices to be between “$25,000-$30,000” a tonne.</p> <p class="MsoPlainText">Tin prices have tracked copper to fresh record highs this month, supported by supply shortages from top producer Indonesia.</p> <p class="MsoPlainText">On Friday, benchmark tin on the London Metal Exchange closed up $655 at $31,200, off an earlier record peak of $31,300.</p> <p class="MsoPlainText">Timah also said on Monday it expects a 2011 net profit of around 1 trillion rupiah.</p> <p><center><b><i>Copyright Reuters, 2011</i></b><i></i><br /></center></p> JAKARTA: Indonesia's state-owned PT Timah, the world's largest integrated tin miner, said on Monday it expects 2011 tin prices to be between “$25,000-$30,000” a tonne.

Tin prices have tracked copper to fresh record highs this month, supported by supply shortages from top producer Indonesia.

On Friday, benchmark tin on the London Metal Exchange closed up $655 at $31,200, off an earlier record peak of $31,300.

Timah also said on Monday it expects a 2011 net profit of around 1 trillion rupiah.

Copyright Reuters, 2011

]]> Markets https://www.brecorder.com/news/2100 Mon, 07 Feb 2011 07:27:13 +0500 none@none.com (Syed Murtaza Gheblehzadeh)