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The world's second largest tin producer will temporarily cut production and postpone exports

作者:AG捕鱼 2020-10-16 0

Pt Timah, the world's second largest tin producer and Indonesian tin miner, said it would temporarily reduce production and postpone exports due to the impact of the new coronavirus epidemic on tin demand.

"In the current situation, many companies are shutting down due to the coronavirus outbreak, which reduces demand and prices will continue to correct," chief executive Riza pahlev said in a statement released late Tuesday It said it was delaying some exports and cutting monthly production by 20% - 30% while assessing global demand.


Export volume (January 2018 to July 2019)

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