According to the latest report released by the World Bureau of Metal Statistics (WBMS), in December 2022, the global refined tin production was 31,400 mt, and the consumption was 30,900 mt.
In 2022, the global refined tin production was 348,900 mt, and the consumption was 360,000 mt. thus, the global refined tin market was in short supply of 11,100 mt.

![The Most-Traded SHFE Tin Contract Opened Lower and Then Traded Stronger, Spot Market Recovers Amid Downtrend [SMM Tin Midday Review]](https://imgqn.smm.cn/usercenter/WWXJU20251217171753.jpg)
![The most-traded SHFE tin contract fluctuated rangebound during the night session, with downstream enterprises mostly following up with small-lot transactions. [SMM Tin Morning Brief]](https://imgqn.smm.cn/usercenter/bYFQn20251217171752.jpg)
