Rising demand increases China’s appetite for overseas tin
Despite a shrinking arbitrage, official Customs data shows that China imported a large amount of refined tin in July – 2,750 tonnes – a six-fold increase from 2019. Imports year-to-date reached 12,113 tonnes, eleven times higher than the same period last year. As a...
PT Timah implements production cuts
In March, PT Timah announced that it would cut production of refined tin by some 30% while demand recovered from the impact of COVID-19. Recent publicly available data indicates that in the first half of the year, output was some 26% lower than in 2019. COVID-19 has...
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