China prices rebound as production is cut

China domestic tin prices have soared by more than 20% in the past 10 days. The big differential which had emerged between prices on the Shanghai Futures Exchange (SHFE) and LME encouraged arbitrage buying on SHFE, forcing covering of speculative short positions. The...

Hong Kong exchange launches tin futures contract

Hong Kong Exchanges and Clearing (HKEx) has launched one-tonne futures contracts in nickel and tin, and a five tonne mini-lead contract, Reuters reported. The new contracts – which are aimed at Chinese retail investors – are denoted in yuan, but based on London...

Indonesia’s 2015 tin exports likely to be below 70,000 tonnes

Based on preliminary November data released by Indonesia’s trade ministry at the end of last week, the country’s refined tin exports this year are likely to fall below 70,000 tonnes for the first time since 2003. Reuters reported on Saturday that November...

China production falling as concentrate imports rise

China’s tin concentrate imports increased by 170% year-on-year to 27,043t (gross weight) in October, according to the latest official data. 96% of the imports were from Myanmar. China imported 209,356t tin concentrate in January to October in 2015, up by 68%. Of...

ITRI forecasts market deficit despite drop in tin demand

ITRI analysts forecast that the global tin market will remain in deficit in 2015-2016, despite a decline in demand this year. This has been identified in a major new survey of tin users, the results of which have been released at the 5th ITRI London Tin Investment...

Bolivian tin deal announced

Bolivian President Evo Morales has announced the agreement of a US $106 million deal between the state mining company Comibol and ThyssenKrupp of Germany to supply 13,200 tonnes of tin over two years from 2016. He was speaking at a televised news conference on...