China’s refined tin production fell in May
Chinese refined tin production fell by 6% in May compared with April, but the total production in January-May has reached 63,416 tonnes, up by 8.6% y-o-y according to the data from CNIA (China Nonferrous Metals Industry Association). It should be noted that the...
China’s May tin imports low
New official trade data reported by Reuters shows that China’s imports of refined tin and alloys in May were 857 tonnes, 47% lower than in May 2010. Year-to-date imports in the first five months of the year amounted to 3,947 tonnes, 58% lower than in January-May 2010....
Interest in physical base metal ETPs wanes further
Holdings of LME warrants backing exchange traded products (ETPs) listed on the London Stock Exchange by ETF Securities remain very small and are tending to decline rather than rise. Latest data shows that just 165 tonnes of tin is tied up in these products, down from...
Japan’s tin imports expected to fall in Q3
Trade data analysed by Mitsubishi Corporation Unimetals Ltd showed a continuing high level of refined tin imports in the first four months of the year, with Thailand’s share of the market continuing to rise. However volumes are likely to be considerably lower in the...
Brazil’s tin production at 30 year lows
Provisional data from the Brazilian tin association Sindicato Nacional da Indústria da Extração do Estanho (SNIEE), recently provided to ITRI, shows a slump in the country’s tin production to levels last seen before its 1980s boom in activity. Brazil’s refined tin...
Minsur mine back to full capacity
Minsur’s San Rafael mine in Peru’s Puno province returned to full production from the end of May, ITRI understands, following nine months of reduced operations while the company awaited all necessary approvals of its tailings storage facilities. Since late August last...
Indonesian shipments fall in May
Provisional trade ministry data shows the tonnage of tin checked prior to export from Indonesia dropped sharply to 7,013 tonnes in May, following exports of over 9,000 tonnes in each of the previous two months. May shipments were 4.4% down on the May 2010 level....
Price fall may cut Indonesian production
Following a strong increase in Indonesian exports in the first four months of this year, a private smelter group said the slump in prices in recent months would lead to at least a temporary drop in supplies. "Our smelters bought tin ore stocks when tin prices were at...
MSC returns to profit
Malaysia Smelting Corporation (MSC) reported a return to profitability in the first quarter of 2011, boosting its share price in both Malaysia and Singapore, where it has had dual listing since January, Bloomberg reported. The company had a first-quarter profit of...