Indonesia merupakan pengekspor terbesar, dan produsen timah terbesar kedua dunia setelah China. Timah Indonesia sekitar 95% diekspor, dan sisanya dikonsumsi oleh industri pengguna timah dalam negeri. Dengan potensi tersebut, Indonesia berpeluang menentukan harga timah dunia melalui bursa timah dalam negeri. Penelitian ini bertujuan untuk melakukan analisis integrasi harga timah ICDX terhadap harga timah LME, dan analisis dampak kebijakan tata niaga timah terhadap kinerja ekspor timah Indonesia. Melalui uji kointegrasi, ECM, dan Granger Causality Test, diketahui adanya hubungan jangka panjang, jangka pendek, dengan hubungan dua arah (saling mempengaruhi). Dengan analisis data panel, kebijakan tata niaga timah berdampak terhadap penurunan volume ekspor timah ke sepuluh negara utama tujuan ekspor Indonesia

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Indonesia is the largest exporter and second largest tin producer after China. Indonesian tin about 95% is exported and the rest is consumed by the domestic industries. With this potential, Indonesia has the opportunity to determine the price through the Tin Exchange in the country. This study aimed to analyze price integration of ICDX tin price on LME tin price, and analyze the impact of tin trade reguulation system to the performance of Indonesia's tin exports. With the

cointegration test, ECM, and Granger Causality Test, known of the relationship in the long term, short term, with bidirectional relationship (mutual influence). By

Using panel data analysis, the policy has impact on the decline of tin export volume to the ten major countries of Indonesian export destination.