BANGKAPOS.COM, BANGKA- The event of Indonesia TIN Conference & Exhibition (ITCE) 2016 which was held at Sofitel Nusa Dua Bali officially ended on Tuesday (20/09/2016).
Agent agenda successfully reply in the international scale activities that follow 200 participants from 10 countries.
There are several important things that surfaced during the two days of ITCE event that is the strengthening of world tin prices, the depletion of world tin reserves, environmental issues to smuggling problems.
Megain Widjaja, as Chief Executive Officer of Indonesia Commodity and Derivatives Exchange (ICDX) said, the points generated in ITCE 2016 are positive trend of tin price increase and Indonesia becomes the world tin price barometer.
"LME has been around since Indonesia has not been independent, while we are only three years.In this event also buyers who have met electronically now can ketem face to face so that can interact directly, direct dialogue.Purchasers and sellers can meet directly with their business , "Explained Megain, Tuesday (20/09/2016).
He explained that at present the current LME Inventory or LME tin log backup is the crisis and the reserves that used to be in Europe now to Asia, such as Indonesia, Malaysia, Singapore and Thailand.
"So how does Indonesia keep our eco-volumes, export tin barrels depend on two ministries, namely EMR on clean and clean, a decline in exports for the past three years, if the first tin is due to every tin that has to be issued," he said.
It is indeed a tin trading system is now much more tidy and Indonesian policy for strategic goods can be applied also benefits for Indonesia.
"The final condition of tin 15 years to the fore can be exhausted but we think the continuation for our generation.Can awake the next 15 years of tin is not there anymore.Thus it is the topic that carried this year to make accountability of the responsibility of the environment," added Megain,
Asked about the issue of tin smuggling, Megain said the data obtained got data from AETI there like this, as it is, while the story provides a platform for sellers and buyers.
"We are working to provide a platform from sellers and buyers, if there is a smuggling effect to us as well, if illegal leads are not fully valuable and the losses of state automation should be the concern of stakeholders," he hoped.
Furthermore he said that Bali was chosen as the place of ITCE 2016 because it takes context to scent Indonesia.
"Bangka is a producing area, but this is Indonesia's context, the first year is in Bangka, both in Jakarta and in Bali, for next year we will see what we want and we will accommodate," said Megain. (*)
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