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...China Tin shuts down Ausmelt furnace temporarily
The China Tin Group put its tin smelter, located in Laibin, Guangxi Province, into maintenance on Tuesday for three weeks. The Ausmelt furnace started up in March 2013 with a production capacity of 20,000 tpy and produced more than 12,000 t refined tin in 2014. This...Myanmar tin exports fall slightly in July
According to the latest official customs data, July exports of tin concentrate from Myanmar to China amounted to 20,095 tonnes gross weight. This represents a 29% year-on-year increase but a 19% decrease compared to June. Cumulative concentrate imports from Myanmar...China Tin Industry Code of Conduct announced
The China Ministry of Industry and Information Technology (MIIT) has recently revealed a draft China Tin Industry Code of Conduct which currently has public opinion solicitation status. The new Code of Conduct has 7 aspects including enterprise layout; quality,...
