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Home / Metal News / / What Impact on China Tin Market after Myanmar’s 5% Export Tax Hike on Tin Ore?
What Impact on China Tin Market after Myanmar’s 5% Export Tax Hike on Tin Ore?
Oct 17,2014 15:21
CSTindustry news
Source:SMM
A 5% export duty increase on tin ore by Myanmar’s government has little impact on China’s tin market, Shanghai Metals Market survey shows.
SHANGHAI, Oct. 17 (SMM) – A 5% export duty increase on tin ore by Myanmar’s government has little impact on China’s tin market, Shanghai Metals Market survey shows.
Low grade and low recovery rate give markets no preference to Myanmar’s tin ore, SMM understands, despite the country has become a major supplier of China’s imported tin ore.
Myanmar raised its export tax on tin ore from 25% to 30% since September 2014.
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