Yunnan Tin first half performance improves

Yunnan Tin Co., Ltd (YTC) has released much improved first half 2014 financial results. Its operating revenue reached RMB 11.186 billion yuan (US$1.81 billion) in the first half of the year, a 6.9% rise from that of 2013. Net profit attributable to shareholders...

China tin trade patterns little changed in May

China continues to be a net exporter of tin metal (mainly in the form of duty-free tin products) and a big buyer of concentrates from Myanmar, according to latest customs figures. China imported 645 tonnes refined tin in May, down by 51% y-o-y, but a 59% rise compared...

Shanghai Futures Exchange plans to launch tin futures in 2014

“We are preparing to launch tin, nickel, alumina and rare earth futures currently. Tin and nickel will be introduced within this year.” said Mr. Yang Maijun, director of Shanghai Futures Exchange at the 10th Shanghai Derivatives Market Forum. Shanghai...

China refined tin trade reflects local surplus

Although it is not immediately clear from the customs data, it looks like an over-supplied local market and a low domestic price relative to the LME has turned China into a net exporter of tin metal in the first four months of 2014, although it remains a large...

Yunnan Tin invests in modernisation

The Yunnan Tin Group is investing heavily in all stages of tin production – mining, processing, smelting and refining – to offset the increasing difficulties and costs of extraction and recovery. A comprehensive presentation by the General Manager of Yunnan Tin Group,...

China trade volumes recovered in March

China’s refined tin imports in March amounted to 889 tonnes, down by 45% on March 2013. However, the volume is up by 323% comparing to February and this is a rebound from lower volumes over the last seven months. The rise was attributed to a general industry...

China refined tin imports drop to 10 year low

China’s monthly refined tin imports in February reached the lowest point in the last 10 years. Imports in February were only 210t, down by 82% year-on-year. Affected by the Spring Festival, the whole tin industry was inactive for nearly half of the month. It is...

China buys concentrates instead of metal

China’s refined tin imports in January amounted to 732t, down by 69% on January 2013. Volumes have been quite flat since August 2013, affected by the Indonesian supply bottleneck and ever growing quantities of tin concentrate import. Refined tin imports did...

Tin smelters in Jiangxi suspend operations on pollution claim

Several smelters in China’s Nankang city, Jiangxi province have reportedly been ordered to suspend operations because of the water pollution. Three tin smelters in the area – Nanshan, Jinlong Mining and Kaiyuan Mining – have been closed since January...

Big changes in China tin trade in 2013

Annual Chinese trade figures released this week show a 56% fall in refined tin imports and a 99% rise in tin metal exports last year, while concentrate imports, mainly from Myanmar, more than tripled in volume. China’s total refined tin imports in 2013 were...