SMM Research on Chinese New Year Holiday Arrangements of Refined Tin Smelters

SHANGHAI, Jan 10 (SMM) - According to SMM research, some domestic refined tin smelters have confirmed their CNY holiday arrangements.

1. In Yunnan, most smelters have no holiday arrangements and only a few small-sized smelters will stop the production for maintenance. However, the specific arrangement is still to be determined, and the duration of maintenance is decided by the raw material inventory. 2. In Jiangxi, smelters mainly take holidays around January 15 and resume the production around February 5. According to the production time, the output of refined tin may be affected in February. 3. In Guangxi, smelters mainly take holidays around January 15, and the time for resumption is still uncertain. 4. The specific holiday arrangements of smelters in other regions differ greatly. Please refer to the table below for details.

To sum up, as most smelters plan to take holidays in January, it is estimated that the actual output cuts in January may exceed 3,000 mt.