China Refined Tin Output Rose 10.95% on Month

SHANGHAI, Nov 8 (SMM） - China's refined tin output stood at 14,443 mt in October, up 10.95% from September.

A few smelters slightly lowered the operating rates for lack of raw materials, while most smelters expanded the production amid higher TCs. Some smelters in Guangxi suspended the zinc production to recover the tin production amid eased power rationing. The output in Jiangxi was largely unchanged, as the duration of power rationing in end-October was short. The output in the other regions was basically flat on the month. The smelters under extended power rationing and environmental protection inspections may not resume the production in the short term.

The refined tin output in Yunnan and Jiangxi is expected to stand flat in November as there is no plan for production expansion. The output in Guangxi is likely to decrease by 700 mt due to the shortage of raw materials. The output in the other regions may increase slightly amid alleviated power rationing and environmental protection control.

The total refined lead output is expected to stand at 13,825 mt in November.