Chinese refined tin imports hit eight-year high

China has continued its recent trend of significant imports of refined tin: the latest official data shows a nearly 2000% increase from May 2019. According to the latest China Customs data, China imported 3,674 tonnes of refined tin in May 2020. This is a 1762%...

COVID-19: China tin industry in recovery mode

The tin industry in China is beginning to recover from the COVID-19 outbreak, with imports of tin concentrate returning to normal levels. Refined metal imports remain elevated as demand grows. According to the latest customs data, China imported 4,000 tonnes of...

China refined tin imports increase eight-fold

Imports of refined tin metal into China increased eight-fold during the country’s quarantine to stop the spread of COVID-19. The outbreak of the novel coronavirus (COVID-19) forced the Chinese government to quarantine the country, halting the majority of...

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...