SHANGHAI, Jan 31 (SMM) – An SMM survey showed that post-holiday resumptions at tin companies will vary by region due to the recent coronavirus outbreak.
As of January 29, 10 provinces or cities, including Shanghai, Guangdong, Jiangsu, Zhejiang and Yunnan, required that local companies (except public utilities related companies) must not resume operations earlier than 24:00 CST February 9.
The Chinese government has already extended the Chinese New Year (CNY) holiday to February 2 nationally in order to avoid a further escalation in the coronavirus outbreak.
In Yunnan, most tin smelters are not sure when they will resume sales, while others have shown intention of making offers on February 3 but sales will depend on downstream demand and logistics.
The government of Jiangxi did not set a mandatory requirement on the resumption date for local companies, and some upstream producers plan to resume operations after February 8. Downstream producers are concentrated in south China, and some of them plan to resume production after February 8.
The spot tin market is expected to be quiet, even after the Shanghai Futures Exchange re-opens on February 3. Trading activity is likely to gradually turn active after February 8.
![Hausse des taux conforme aux attentes ; l'étain du SHFE revient à la barre des 400 000 yuans [Revue de mi-journée de l'étain SMM]](https://imgqn.smm.cn/usercenter/CwQfz20251217171750.jpeg)
![Le SHFE étain a clôturé à 398 430 le 16 septembre, en hausse de 0,99 %, stoppant sa baisse et rebondissant. Les positions acheteuses ont diminué, le niveau de 410 000 restant à confirmer [SMM Tin Morning News]](https://imgqn.smm.cn/usercenter/UUeWS20251217171751.jpg)
