Tins Price Slump Seen Slashing Shipments From Indonesia

Tins Price Slump Seen Slashing Shipments From Indonesia

Assessment

Interactive Video

Business

University

Hard

Created by

Wayground Content

FREE Resource

Analysts expect Indonesian exports to decline significantly due to falling prices and stricter government regulations. Exports may drop by 30% this quarter, marking the largest decrease since early last year. Economic concerns, particularly in China, have led to a 15% slump in futures. The Indonesian government has tightened trade rules to encourage higher-value exports, and smelters are limiting sales to counteract price declines. New standards for packaging and labeling are expected to be implemented soon. Indonesia remains a major producer, accounting for a significant portion of global supply.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the expected percentage drop in overseas sales from Indonesia this quarter?

40%

30%

20%

10%

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which country's economic growth concerns are affecting the demand for industrial metals?

Brazil

India

United States

China

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What action did the Indonesian government take in August last year to influence exports?

Subsidized local industries

Increased production quotas

Tightened trade rules

Reduced export taxes

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What new standards is Indonesia likely to impose on exports starting in November?

Quality control

Packaging and labeling

Export taxes

Production quotas

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In 2013, what percentage of bird productions did Indonesia account for, excluding China?

60%

48%

30%

75%