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[SMM Weekly selected] affected by the rainy season, Myanmar imported less tin ore in August. It is expected that Myanmar's imports of tin ore from China are still tight.
Sep 12,2020 11:38CST
translation
Source:SMM
[SMM Weekly selected] affected by the rainy season, Myanmar imported less ore in August. Menglian Port imported 4641 tons of tin ore, with an average grade of about 24 degrees and about 1100 metal. As of September 1, 1815, Myanmar has 1,626 confirmed cases, an increase of 880 compared with last Friday. The epidemic is getting worse and is still on the rise. Its domestic transportation has been blocked. In addition, Myanmar is still in Myanmar. It is expected that Myanmar's imports of tin mines to China will remain tight in the near future. Tin prices continued to rise last week, miners actively shipped. The tin mine is generally tight, and the price of some processing fees is depressed again, pressing the cost line of the smelter.
The content below was translated by Tencent automatically for reference.

"SMM Tin Industry chain Weekly report" is released. SMM will select hot topics, prices, quotations or major changes in the industry chain and release information for your reference.

The following is an excerpt from the weekly report of SMM tin industry chain:

Affected by the rainy season, Myanmar imported less ore in August. Menglian Port imported 4641 tons of tin ore, with an average grade of about 24 degrees and about 1100 metal. As of September 1, 1815, Myanmar has 1,626 confirmed cases, an increase of 880 compared with last Friday. The epidemic is getting worse and is still on the rise. Its domestic transportation has been blocked. In addition, Myanmar is still in Myanmar. It is expected that Myanmar's imports of tin mines to China will remain tight in the near future. Tin prices continued to rise last week, miners actively shipped. The tin mine is generally tight, and the price of some processing fees is depressed again, pressing the cost line of the smelter.

According to SMM, Myanmar has received continuous rainfall in recent months, mining fortifications have been damaged, mountain roads have been scoured by Rain Water, and production and transportation have been affected; in addition, the outbreak has led to a surge in the number of confirmed cases, and the domestic situation is not optimistic. It is expected that Myanmar's mineral imports will decrease from August to October, or may affect production, but Myanmar still has tin ore stocks, which is expected to affect the tin ingot end for some time. Production is expected to decrease slightly in September, or 14000 tons.

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