Indonesian tin shipments declined to 5,848 tonnes in March which is
2.5 per cent below shipments of 5,998 tonnes in the previous month and 35 per cent below the March 2013 level of 9,296 tonnes, according to an article by Bloomberg.
Shipments have exceeded the average monthly rate of 7,634 tonnes that was set in 2013 only once in seven months. This is since new regulations were introduced requiring all tin ingots to be traded via the Indonesian Commodity and Derivatives Exchange prior export.
Indonesia is the largest exporter of tin in the world and accounts for around a third of global primary production.