Future of China’s tin export duty uncertain

Jul 4, 2017

China’s 10% duty levied on refined tin exports has not been referenced in the country’s recently released 2017 Exports Commodities Tax Rates Table, leading many experts to conclude that the duty has been scrapped altogether, although no official...

Myanmar tin exports stabilise in April

Jul 3, 2017

Latest official China customs statistics reveal that April imports of tin ore and concentrate from Myanmar totalled 22,808 tonnes (gross weight), up 14% from March, but down 51% year-on-year. The decline in gross weight of tin imports since last year is partially a...

LME approves MSP brand listing

Jun 16, 2017

On June 8th the London Metal Exchange (LME) announced the approval of Indonesian tin smelter Mitra Stania Prima (MSP) as a listed LME brand, making it deliverable against the LME Tin Contract. MSP’s smelter is based on the island of Bangka in Indonesia, with an...

Indonesian tin exports robust in May

Jun 9, 2017

Indonesian tin exports in May amounted to 6,989 tonnes, up 30% year-on-year and up 10% compared to April, according to preliminary figures released by the trade ministry earlier this week. This brings the total for 2017 so far to 31,385 tonnes, up 43% compared to the...

YTC receive permission to carry out processing trade

Jun 7, 2017

On April 20th this year, Yunnan Tin Company (YTC), the largest tin-producing company in China, received sole permission from the Ministry of Commerce of the People’s Republic of China to carry out the processing trade of tin concentrate. The policy, which was...

MSC profits rise sharply in 2016

May 26, 2017

Malaysia Smelting Corporation (MSC) has revealed a 1,400% year-on-year increase in profit before tax to RM49.5 million (~US$11.6 million) in 2016, largely as a result of improved tin prices compared to 2015. The group’s revenue was broadly stable at RM1.5...