Liquidity crucial to Indonesia's plans to develop tin market

摘要

Indonesian market participants have lauded plans by Jakarta to develop a physical and futures tin market in the country, but say liquidity is crucial to the success of such an enterprise. "It will give a better indication of demand and supply in the market as compared with the KLTM, which is not representative because of its thin volume," said an Indonesian smelter official in reference to the Kuala Lumpur Tin Exchange (KLTM) in Malaysia.