DRC Bisie Tin Mine Halts Production, Driving SHFE Tin Futures to Limit-Up

[SMM Tin Midday Review: DRC Bisie Tin Mine Halts Production, SHFE Tin Hits Limit-Up in Morning Session]

On March 14, 2025, the most-traded SHFE tin futures contract hit the limit-up in the morning session, rising by 10% to 291,510 yuan/mt, marking the highest level since May 2022. By midday, the market hovered at highs, with open interest increasing by 10.08% compared to the previous day and a net capital inflow exceeding 1 billion yuan, indicating highly active market sentiment.

Sudden Supply Shock: DRC Bisie Tin Mine Halts Production: The Bisie mine, owned by Alphamin Resources, with an annual output of 17,000 mt, has suspended operations due to security concerns, accounting for approximately 6% of global supply, further intensifying the anticipated global tin ore shortage.