Constrained Chinese market struggles to source tin

Despite the large arbitrage between the Chinese domestic tin price and the LME price, imports of refined tin into China were lower than expected in October. China’s import arbitrage continued to widened from September as the SHFE tin price performed better than the...

SMM see tin price breaching US$ 20,000 in 2020

According to Shanghai Metals Markets (SMM), tin prices on the Shanghai Futures Exchange (SHFE) are likely to rebound to above US$ 20,000/tonne by the end of the year on the back of tight supply. SMM data, as well as ITA figures, indicate that refined tin production in...

Mine accident further tightens Chinese tin market

The already tight tin concentrate market in China has been dealt a further blow after a mine collapsed near the city of Hechi, Guangxi province, killing two and trapping a further 11 people. At about 6:30 on 28 October, the roof at a mine owned by Qingdaxiyuan Mining...

JFX launches physical tin contract

The Indonesian-based Jakarta Futures Exchange (JFX) has launched a new physical tin contract, which has been backed by the country’s major producer, PT Timah. The JFX initially aimed to bring a physical tin contract to the market in 2013, but this was delayed,...

Chinese export window closes as ore imports continue decline

China’s import of tin concentrate continued to fall in May relative to last year as mine production in Myanmar continues to decline, while refined tin exports also fell due to a shrinking arbitrage between the Shanghai and London-based metals exchanges. Customs...

China ore imports hit December high

According to the latest customs statistics, China’s tin ore and concentrates imports in December 2017 totalled 45,295 tonnes, 45,020 tonnes of which originated from Myanmar. We estimate that the tin content of shipments from Myanmar in December was 11,300...

China ore imports hit 2017 highs in November

According to the latest customs statistics, China’s tin ores and concentrates imports in November 2017 totalled 30,481 tonnes, with 30,274 tonnes from Myanmar. We estimate that the tin content of ores and concentrates from Myanmar in November was 7,300 tonnes,...

China ore imports strong in September

China imports of tin ores and concentrates from Myanmar totalled 20,818 tonnes (gross weight) in September, according to the latest official customs statistics, with an estimated tin content of 5,000 tonnes, up 9% from August, almost three times higher than September...

Exchanges outline new tin contract developments

Speakers from the Shanghai Futures Exchange (SHFE) and the Indonesian Commodity and Derivatives Exchange (ICDX) both outlined upcoming changes to their respective tin contracts in presentations at ITRI’s 2017 Asia Tin Week in Kunming last week. Dr. Zhang...