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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.

iconSep 12, 2020 11:38
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.

"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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[China Tin Industry chain High-end report] China Tin Industry chain monthly report includes macro interpretation, monthly tin price review, interpretation of hot events such as various sections of the tin industry chain (tin ingots, tin mines), and future forecasts, and Synchronize releases monthly relevant enterprise operating rate and inventory survey data, covering the entire tin industry chain.

[China Tin Industry chain routine report] China Tin Industry chain Weekly report includes macro interpretation, weekly tin price review, market trends such as various sections of the tin industry chain (tin ingots, tin mines), weekly social inventory, and future forecasts. a comprehensive interpretation of the tin market during the week.

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