Bloomberg News

China Cuts 2012 Export Quota for Silver, Tin, Minor Metals

October 31, 2011

(Adds comparison with 2011 quotas in second paragraph.)

Oct. 31 (Bloomberg) -- China reduced export quotas for silver, tin and minor metals, according to a statement on the Ministry of Commerce’s Web site today.

The country may export a maximum of 5,387 metric tons of silver next year, compared with 5,670 tons this year, and that for tin at 18,000 tons, down from 18,900 tons in 2011, according to the ministry.

The limits for tungsten, antimony, molybdenum, and indium were imposed at 15,400 tons, 59,400 tons, 25,000 tons and 231 tons, respectively. This compares with 15,700 tons, 60,300 tons, 25,500 tons, and 233 tons this year.

--Helen Sun. Editors: Richard Dobson, Jarrett Banks

To contact Bloomberg News staff for this story: Helen Sun in Shanghai at hsun30@bloomberg.net

To contact the editor responsible for this story: Richard Dobson at rdobson4@bloomberg.net


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