PENGARUH PASAR TIMAH INDONESIA (INATIN) TERHADAP POSISI TAWAR TIMAH INDONESIA
ABSTRACT: This research
explain about the effect of local tin market establishment by government to
Indonesia’s bargaining position in trading. The market was listed on future
market, ICDX (Indonesia
Commodity and Derivatives
Exchange) with code “INATIN” to
set the global
price benchmark by
requiring the metal
be traded on this
local exchange before
export. The purpose
of this regulation
to make Indonesia as the largest exporter and the second big producer of
tin in the world, the place
for international price
discovery and lead
a fair value
of tin in order
to give advantadge
for Indonesia which
before Indonesia followed
the London Metal Exchange
as a international
metal market. ICDX
helps Indonesia government perform
monitoring to the
trading activities, price
movement, and all market
data.
As neo-mercantilsm paradigm, government
role is needed
to increas income and maximize
the benefits through policy as an economic protection. This term expresses
Keynes theory about
the importance of
government intervention controlling market.
Keynes states that
government role can
not be separated
in economic of country.
According to the
theory, in summary
this research shows
Indonesia has better bargaining
position to rise the price and volume on local exchange, as the effect of
Indonesia government intevention
through regulation of
export tin in Permendag
32/M-DAG/PER/6/2013. This result is
evidenced in tin
price increas and LME
tin stock depression.
The research illustrates
the effect of government
protection in trading as a part of economy politic international.
Penulis: Nony Erau Nurtia
Kode Jurnal: jphubintdd140101
