Exclusive: China's refined tin output rose 2.32% on the month to 14,088 mt in June

SHANGHAI, Jul 8 (SMM) – China's refined tin output stood at 14,088 mt in June, up 2.32% from May.

With the increase of rain in Yunnan in mid-June, the power shortage in Yunnan has been relieved, and some limited production and co-production have gradually resumed production, which led to a month-on-month increase in domestic refined tin output in June. However, the absolute amount of recovery has not yet reached April output level as companies are more cautious in stockpiling due to the tight supply of ore in Yunnan and high tin prices, which has led to an unsmooth production increase. Refinery production in other regions is relatively stable. Except for the company’s announcement system to optimize production shutdowns in July, other refineries currently have no plans to reduce production shutdowns and maintenance. However, due to the regular maintenance of West Wuzhumuqin Silver Mining and serious pandemic situation in Myanmar, it is expected that the overall ore supply will not recover. In addition, the current tin prices have reached historical highs, and smelters are under greater pressure to increase production. It is expected that the overall output in July will hardly increase month on month.