Chinese refined tin imports hit eight-year high

China has continued its recent trend of significant imports of refined tin: the latest official data shows a nearly 2000% increase from May 2019. According to the latest China Customs data, China imported 3,674 tonnes of refined tin in May 2020. This is a 1762%...

Chinese refined tin imports remain high

With the SHFE-LME arbitrage still wide, China continues to import record amounts of refined tin. The latest China Customs data indicates that the country imported 1,183 tonnes of refined tin in April. While this is level with March’s total, this is up some 773%...

COVID-19: China tin industry in recovery mode

The tin industry in China is beginning to recover from the COVID-19 outbreak, with imports of tin concentrate returning to normal levels. Refined metal imports remain elevated as demand grows. According to the latest customs data, China imported 4,000 tonnes of...

YTC reports increased profits despite lower production in 2019

According to its 2019 annual report, Yunnan Tin Co. (YTC) increased its profit last year despite lower refined tin production. The company plans to improve both in 2020. YTC final audited numbers show that it produced 72,600 tonnes of refined tin in 2019, along with...

China refined tin imports increase eight-fold

Imports of refined tin metal into China increased eight-fold during the country’s quarantine to stop the spread of COVID-19. The outbreak of the novel coronavirus (COVID-19) forced the Chinese government to quarantine the country, halting the majority of...

China supply chain becoming top heavy?

Following the first round a week ago, ITA conducted a second survey of Chinese companies. Most companies in the tin supply chain have resumed production following the coronavirus outbreak. Further downstream, companies are still struggling to return to work. Upstream,...

Chinese tin industry optimistic despite coronavirus

With the spread of the novel coronavirus beginning to peak, the effect on the tin market is becoming clearer. Here we present the results of our snap survey of tin producers and consumers in China. Upstream The second week of February usually sees smelters return to...

Further delays to Baiyinchagan restart

Yinman Mining is experiencing further delays to the restart of its Baiyinchagan mine. The Chinese tin miner closed its mine in February last year after an accident. On 23 February 2019, an accident at the Baiyinchagan mine killed 21 people, injuring a further 29. As a...

YTC-Minmetals merger falls through

China Minmetals will no longer take over Yunnan Tin Group (YTG), which owns the world’s largest tin producer Yunnan Tin Co. (YTC), according to a report to the Shenzhen Stock Exchange on Monday.   YTG announced greater cooperation between its major shareholder,...

Constrained Chinese market struggles to source tin

Despite the large arbitrage between the Chinese domestic tin price and the LME price, imports of refined tin into China were lower than expected in October. China’s import arbitrage continued to widened from September as the SHFE tin price performed better than the...