Indonesian Nickel ore exports decrease due to tax

Indonesian nickel ore and copper ore exports decrease due to export tax in this country.
A 20 percent export tax on various commodities resulted in commodity exports from Indonesia have declined dramatically. According to data from the Ministry of Commerce of nickel exports fell in June compared with the previous month by 80 percent to 572 000 tonnes. Exports of copper fell by 90 percent to 20,000 tons, Commerzbank reported in Commodities Daily. Bauxite, a precursor of aluminum was no longer shipped.