SHANGHAI, Aug 11 (SMM) –
The SMM survey revealed China's refined tin output in July was 11,395 mt, a 19.88% decrease from June and a 128.82% rise YoY. The total output from January to July reached 96,119 mt, up 9.58% YoY. A mid-July maintenance shutdown at Yunnan Tin Group caused the July decline. The impact of technical adjustments at Yinman Mining on one Inner Mongolia smelter's output lessened. Two smelters in Guangdong and Guangxi finished maintenance in July, boosting tin output.
Entering August, China will have an ample tin ore supply. However, due to Myanmar's Wa State mining ban, supply might tighten. SMM data indicates that China’s tin ore imports from Myanmar in June were 16,196.9 mt, a 16.1% increase from May. July's estimated imports rose to 26,500 mt, a 63.61% jump from June. Yunnan smelters report a more abundant local supply than in H1 2023. Chinese smelters are expected to maintain regular operation in August, but the Myanmar ban could gradually restrict China's tin ore supply.
