| Tin producers from Indonesia, the world’s largest exporter, are backing the start of a physical contract in the country to try to establish an alternative to the benchmark on the London Metal Exchange.
The Indonesia Commodity & Derivatives Exchange, which trades palm oil and gold, plans to introduce the new contract next week, offered in lots of 5 metric tons and priced in dollars, according to a statement today. Trade will start Dec. 15, according to Megain Widjaja, exchange chief executive...............................................Full Article: Source
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