China Tin halts production for one month

China Tin Group has started a maintenance shutdown of its Ausmelt furnace from 15 July to 15 August. The smelter is located in Laibin City, Guangxi province. There will be no refined tin production during the maintenance. The Ausmelt furnace was put into operation in...

China’s ore imports strong but steady in May

Latest China customs data released yesterday shows imports of tin ore and concentrates at 40,575 tonnes gross weight in May, or an estimated 4,800 t contained tin. The May total was down 13% on the previous month’s figure, but up by 87% compared to May 2015. In...

Myanmar tin ore trade still booming

Latest China customs data released yesterday shows imports of tin ore and concentrates at 46,197 tonnes gross weight in April, or an estimated 5,500 tonnes contained tin. The April total was similar to the previous month’s figure, but up by 40% compared to April...

Myanmar tin ore exports shoot to record highs in January

Latest official customs statistics released by China yesterday reveal tin ore imports from Myanmar in January soared to an all-time record of 72,436 tonnes (gross weight), a 239% year-on-year increase. The figure also represents a 66% rise from the 43,531 tonnes...

Myanmar tin ore export boom continues

Latest official customs statistics released by China yesterday showed that the country’s tin ore and concentrate imports from Myanmar hit a new monthly record level of 43,531 tonnes (gross weight) in December 2015. Annual imports from Myanmar last year amounted...

China government considering tin stockpile plan

A spokesman for Yunnan Tin Company told Reuters on Monday that China’s government has not yet decided on a plan to stockpile tin after requests from the country’s major producers and its industry association. “The government has not put out...

China tin producers announce co-ordinated production cuts

China’s nine major tin producers, including the world’s largest supplier Yunnan Tin Company, announced today that they would reduce their combined production by some 17,000 tonnes or 12% year-on-year in 2016 in response to adverse market conditions. The...

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...

China clamps down on hidden tin exports

Favourable price arbitrage since the end of September should have encouraged Chinese tin exports, at least for tin products which are exempt from the 10% export duty charged on refined tin ingot. However this is not evident in the latest official trade statistics...