[SMM Tin Weekly selected] Myanmar's tin mine imports are still restricted and the domestic tin market is out of stock.

Published: May 15, 2021 22:24
[SMM Tin Weekly selection] in terms of tin ore, the import of Myanmar tin mine is still restricted. Due to the shortage of manpower in local mines and epidemic prevention measures, we need to pay attention to the trends of imported tin mines in other areas: as for tin ingots, due to the great increase in export demand, the domestic tin market is out of stock, the spot rising water has been raised again and again, and downstream demand such as photovoltaic is expected to be good in the future, which will accelerate the consumption of domestic inventory, and we can pay attention to the consumption rate of social inventory in the near future. If the current situation of domestic supply exceeding demand is improved, domestic tin prices are expected to rise again in the future.

"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:

Domestic: in terms of tin mines, the import of tin mines in Myanmar is still restricted. Due to the shortage of manpower in local mines and epidemic prevention measures, it is necessary to pay attention to the trends of imported tin mines in other areas: as for tin ingots, due to the substantial increase in export demand, the domestic tin market is out of stock, the spot water is rising again and again, and downstream demand such as photovoltaic is expected to be good in the future, which will accelerate the consumption of domestic inventory, and we can pay attention to the consumption rate of social inventory in the near future. If the current situation of domestic supply exceeding demand is improved, domestic tin prices are expected to rise again in the future.

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Catalogue of "SMM Tin Industry chain Weekly report" in this issue

Main points of this issue's weekly report

Futures trend

Spot market

Review of tin ingot market

Summary of Raw material Market

Profit and loss on import and export of refined tin

Outlook for the future

[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.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

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[SMM Tin Weekly selected] Myanmar's tin mine imports are still restricted and the domestic tin market is out of stock. - Shanghai Metals Market (SMM)