China Refined Tin Output to Drop in July, SMM Forecasts

Published: Jul 10, 2017 11:35 (GMT+8)

Save

China’s refined tin output rose 12.7% MoM to 15,451 tonnes in June, and will inch down to 15,300 tonnes in July.

SHANGHAI, Jul. 10 (SMM) - China’s refined tin output rose 12.7% MoM to 15,451 tonnes in June as expected, SMM survey found. China Tin Group restarted operation from unit maintenance in the month, and some tin smelters in Yunnan, cutting output due to environmental checks and power cut, also resumed output to normal level.

China Base Metal Output Data in June 2017, SMM Exclusive Data

SMM expects refined tin output to inch down to 15,300 tonnes in July from June’s level. Tin smelters in Inner Mongolia will start annual unit maintenance in latest 1-2 months, and the commission data is not unclear yet, despite of output resumption at tin smelters in Jiangxi, which suspended output due to factory removal. Besides, output at one tin smelter in Yunnan is affected by accidents.

For news cooperation, please contact us by email: sallyzhang@smm.cn orservice.en@smm.cn.

SHFE tin LEM tin tin prices

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

2 hours ago

US Treasury yield rising above 5.2% weighs on revaluation; the most-traded SHFE tin contract consolidates on a subdued note [SMM Tin Midday Review]

[SMM Tin Midday Review: US Treasury Yield Breaks Above 5.2%, Pressuring Revaluation; the Most-Traded SHFE Tin Contract Consolidates on a Subdued Note]

2 hours ago

5 hours ago

LME tin closed at $54,550 on Sep 25, up 1.30%, with LME tin inventory down to 4,590 mt, destocking 85 mt [SMM Tin Morning News]

[SMM Tin Morning Update: LME tin closed at $54,550 on Sep 25, up 1.30%, with LME tin inventory down to 4,590 mt, destocking 85 mt

5 hours ago

SHFE tin closed at 412,790 before Mid-Autumn Festival, down 0.06%. 415,000 becomes the key support level after the holiday [SMM Tin Morning Meeting Summary]

[SMM Tin Morning Meeting Summary: SHFE tin closed at 412,790 before Mid-Autumn Festival, down 0.06%; 415,000 becomes key support after the holiday]

5 hours ago