In July, the Macquarie Commodities Research Report suggested that it was a good time to get into tin. Their end of year Commodities the change in the Indonesian export policy at the end of August.
Stellar has spoken about the changes in the Indonesian tin trade policy over the past few months. The new policy requires all tin ingot sales to be conducted through the Indonesian Commodities Derivatives Exchange (ICDX) before export.
Macquarie reported that market participants on the ICDX are now successfully adapting to the new protocol, and there is an increase in the number of trading members as well as increase of export volumes for December.
The report also mentioned that the demand side looks to be recovering steadily and with the shortage of new mine supply projects in the pipeline, medium-term prospects continue to look favourable for tin.
Source: Macquarie Commodities Research