Tin Concentrate Processing Fees Fall Further Despite Higher Tin Prices, SMM Reports

SHANGHAI, Jun. 21(SMM) – Processing fees of tin concentrate fell further this past week due to supply tightness, SMM said.

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Tin concentrate processing fees did not follow tin prices up. This is mainly because tin ore supplies from Burma tightened due to the monsoon season in the country, SMM explained.

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Prices were RMB 126,500-127,500 yuan per tonne (including tax) for tin ore (40%) in Yunnan as of July 21, RMB 130,500-131,500 yuan per tonne (including tax) for tin ore (60%) in Guangxi, RMB 131,000-131,500 yuan per tonne (including tax) for tin ore (60%) in Hunan, and RMB 130,500-131,500 yuan per tonne (including tax) for tin ore (60%) in Jiangxi. 

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