MARKET TALK: Tin Mkt Awaits Indonesian Smelter Decision

LME 3-month tin little changed in late Asia at $10,550/ton, +$5 on London PM kerb. Trader at major Japan house says market "trying to be calm" as awaits clarification on Indonesian government's policy towards small-scale smelters, following conflicting reports on how many smelters will be reissued licenses; adds if government does limit licenses to a few big smelters, market may react strongly as production losses would lead to shortage of tin.