WBMS: World Tin Market In 2,500-Ton Deficit In January-June-Shanghai Metals Market

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WBMS: World Tin Market In 2,500-Ton Deficit In January-June

Industry News 11:03:37AM Aug 19, 2010 Source:SMM

LONDON, Aug 19 -- The world tin market was in a 2,500-metric-ton deficit in January to June this year compared with a 20,000-ton deficit for the year-earlier period, the World Bureau of Metal Statistics said Wednesday.

Total global reported tin stocks fell in June and ended the month 9,800 tons lower than at the end of December 2009, the WBMS said. Almost all recorded stocks are now held in Asia, it added.

Global refined tin production rose 18,700 tons compared with the same period in 2009. WBMS didn't provide a total output figure.

Global tin demand rose 0.7% to 179.1 million tons compared with January to June 2009.

 

WBMS: World Tin Market In 2,500-Ton Deficit In January-June

Industry News 11:03:37AM Aug 19, 2010 Source:SMM

LONDON, Aug 19 -- The world tin market was in a 2,500-metric-ton deficit in January to June this year compared with a 20,000-ton deficit for the year-earlier period, the World Bureau of Metal Statistics said Wednesday.

Total global reported tin stocks fell in June and ended the month 9,800 tons lower than at the end of December 2009, the WBMS said. Almost all recorded stocks are now held in Asia, it added.

Global refined tin production rose 18,700 tons compared with the same period in 2009. WBMS didn't provide a total output figure.

Global tin demand rose 0.7% to 179.1 million tons compared with January to June 2009.