Friday, June 29, 2007

Indonesia May Have Tin Futures Exchange Within Five Years, Official Says

(Bloomberg) -- Indonesia, the world's second-
largest tin producer after China, plans to set up an exchange to
trade futures in the metal, a trade ministry official said.

``We expect within five years to have a Jakarta Tin
Market,'' Diah Maulida, the ministry's director general of
foreign trade, told reporters in Jakarta. ``The plan is related
to our regulation on refined tin exports.''


Read more at Bloomberg Commodities News

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