Metals News
WBMS: Global Tin Market In 15,800-Ton Deficit Jan.-Sept.
data analysis
11:10AM
Nov 18,2010
Source:SMM

LONDON, Nov. 18 -- The global tin market was in deficit by 15,800 metric tons between January and September, compared with a surplus the same period a year before, the World Bureau of Metal Statistics said Wednesday.

Tin was in a 11,700-ton surplus in the first nine months of 2009.

Global reported production of refined tin rose by 19,100 tons from the January to September 2009 total, but last year's figure included lower-than-usual output in China due to the closure of a number of smelters, WBMS said.

Global tin demand in the first nine months of 2010 totaled 279,200 tons, up 20% from the comparable period of 2009, WBMS said.

In September 2010, refined tin production was 30,300 tons and demand was 33,300 tons.

 

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