BANGKAPOS.COM, BALI- At least 200 participants from 10 Asian, European and American countries took part in the 2015 Indonesia TLC Conference & Exhibition (ITCE) held by the Indonesian Commodity and Derivatives Exchange (ICDX) at Sofitel Nusa Dua Bali on Monday (19 / 9/2016).

The event that took the theme "Navigating Indonesia Becoming The Global Leader in Tin Industry" was also attended by 25 tin traders and representatives from USA, Germany, Japan, Korea, Malaysia, Singapore and UAE.

Head of Bappeti Bachrul Chairi revealed ITCE 2016 is very important to shape the future of tin.

"Indonesia as the largest supplier should have bargaining power and contribute to the determination of world tin price," added Bachrul Chairi.

According to him, ICDX is now the reference of world tin price, although there are some other issues that must be improved in the future as the lead community determined LME in London.

But even though ICDX is still young, it is trying to contribute to world tin price.

"We hope to be the leader of world tin prices. But some steps must be taken to strengthen the tin industry. What the government has done is determining the purity of tin and it is expected that tin industry is more conducive from upstream to downstream, avoiding illegal mining, environmental sustainability that has an effect on export tin requirement. We will create a high quality product, "explains Bachrul Chairi.

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