China refined tin trade patterns changing

China imported 1,908t of refined tin in December 2012, down by 33% month-on-month and 44% year-on-year. The price differential between China and the LME has been very narrow and non-profitable for general imports in December and January, so we expect refined imports...

China tin production and imports rise in November

Chinese refined tin production in November increased by 20% from October to 15,393t, while tin-in-concentrate production increased by 47% to 8,591t, according to data from China nonferrous metals association (CNIA). Steady and rising prices in November stimulated the...

China tin industry cautious on market outlook for 2013

The first Tin Market Outlook Reception to be held by ITRI China in Beijing on 6 December attracted 91 delegates, including representatives of most leading producers, consumers and trade houses. At the end of meeting ITRI carried out a poll of participants’ views...

China imports and production decline

Chinese refined tin imports were 2,324 tonnes in October, down by 30% month-on-month and 42% year-on-year. This was still a high volume, especially as there has been no price arbitrage space for general imports since September. Cumulative imports in January to October...

China cuts 2013 tin export quotas to 17,000 tonnes

China will cut 2013 export quotas for tin by 5.6% from this year to 17,000 tonnes, following a cut of 4.8% for 2012, the Ministry of Commerce reported. China’s tin exports have fallen considerably since 2008, when the export tax was increased to 10%. The rise of...

China tin imports remain high

China imported 3,318t refined tin in September according to China Custom data, up by 13% compared to August, although the rise in LME prices last month had eliminated obvious arbitrage opportunities. We believe the high volume was due to delayed arrivals of shipments....

Yunnan Tin reports profit slump

Yunnan Tin Company Ltd reported that its net profit decreased by 96% in the third quarter of 2012 to RMB 8.32 million. Operating revenue during the period grew 18% year-on-year to RMB 4.4 billion. In the first nine months of 2012 the net profit of YTC was reported at...

Improvement in China demand predicted

Executives and Chinese solder companies interviewed by Reuters expect increases in tin demand and prices in the final quarter, although China’s tin use in 2012 will still be lower than last year. “If demand rises as expected, all of us will rush to...

China refined tin imports surge again

China imported 3,125t refined tin in July, up by 333% year-on-year and 31% compared to June. Total refined tin imports were 16,706t in January-July this year, more than three times the imports of 5,526t in the same period of last year. Of the total for the year to...

Strong China refined tin imports in June

China refined tin imports in June were very strong again, rising by 75% year-on-year and 53% compared to May to 2,386 tonnes, according to latest China Custom data. The positive arbitrage between LME and domestic Chinese prices attracted more imports in June. The...