China Tin Concentrate Imports down 34% MoM in June, and to Slump Further in 2H 2017

SHANGHAI, Aug. 10 (SMM) – According to China Customs, China imported 22,260 tonnes of tin concentrate from Myanmar in June, down 34% from May’s level, with Sn content to drop by 20% to about 5,500 tonnes.

China’s tin concentrate imports in the first half of year totaled 30,800 tonnes (Sn content), which staged small changes from the level seen in the same period of last year. Those from Myanmar occupied more than 98%. In June, China exported 472 tonnes of tin products and 99 tonnes of refined tin and tin alloy.

China Tin Output Falls Sharply in July, but to Increase in August, SMM Says

International Tin Research Institute (ITRI) indicated that Sn content in tin concentrate imports in June was 43% higher than the same period of 2016’s, as monsoon season in Myanmar made lower-than-expected impact on tin concentrate supply. However, impact from monsoon season will increase, and tin ores and concentrates inventories held by local miners and government are uncertain.

Hence, China’s tin concentrate imports will drop sharply in the second half of 2017 with plunging inventories and falling output at Burmese mines.

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