China exports rise despite tighter market

Despite tightness in the domestic Chinese market, tin exports rose month-on-month in July. Chinese offshore tin trade is determined by the arbitrage between the local price on the Shanghai Futures Exchange (SHFE) and the benchmark price from the London Metal Exchange...

Tighter Chinese market slows tin exports

Chinese exports of refined tin slowed in June as the arbitrage between the Shanghai and London exchanges narrowed. The arbitrage arises from differences in the valuation of tin between the two exchanges. Typically, the Chinese import price – the LME price, minus...

Tight tin market encourages Chinese metal exports

China’s trade of refined tin metal shifted into net exports in February, recent customs data shows. Usually, the country augments its significant domestic supply of metal with material from other producers. The majority of the metal typically arrives from...

Drop in Myanmar tin supply compensated by other sources

Chinese imports of tin-in-concentrate fell 14% year-on-year as improved flows from the rest of the world made up for a more significant drop in material from Myanmar. In terms of gross weight, reported in the latest customs data, China imported some 20,500 tonnes over...

China begins search for other sources as Myanmar supply drops again

In August, Myanmar experienced extremely heavy rains, leading to flooding. The high waters constrained mine production in the country, a major source of tin concentrates for smelters in China. The flood waters have still not been cleared, leading to lower shipments...

Rising demand increases China’s appetite for overseas tin

Despite a shrinking arbitrage, official Customs data shows that China imported a large amount of refined tin in July – 2,750 tonnes – a six-fold increase from 2019. Imports year-to-date reached 12,113 tonnes, eleven times higher than the same period last year. As a...

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%...

YTC receive permission to carry out processing trade

On April 20th this year, Yunnan Tin Company (YTC), the largest tin-producing company in China, received sole permission from the Ministry of Commerce of the People’s Republic of China to carry out the processing trade of tin concentrate. The policy, which was...

China tin ore imports rebound in October

Customs figures released last week show that the gross weight of China’s tin ore and concentrate imports in October totalled 36,515 tonnes (estimated at 4,300t contained tin), up 35% year-on-year and more than double the September total. Over 99% of imports...