TC of tin concentrate steady amid falling tin prices

The domestic output of tin stood at 13018 mt in September according to SMM survey, down 4.7% from August. Several smelters in Yunnan reduced the production significantly, but was largely offset by other companies who were set free from the influence of power rationing.

It is reported that a senior executive of China Minmetals Corporation on Tuesday called for the establishment of a joint organization of Chinese zinc smelters to negotiate with miners on zinc concentrate supply and pricing in the light of the existing joint negotiation group on copper raw materials in China. "We want to build a healthier market," he said. “The aim of this proposal is for Chinese zinc smelters to agree on a TC benchmark price for zinc concentrates in the future. We need more support from smelters now. "

Read-through of SMM Monthly PMI

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This week's update: Pay attention to SHFE Zinc

Where Will Steel Prices Go under the Long-and-Short Game?

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