According to the General Administration of Customs, the import volume

Published: Nov 22, 2023 08:21

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According to the General Administration of Customs, the import volume of tin ingots in domestic market in October was 3,322 tons, an increase of 13.61% from the previous month and a decrease of 5.41% year-on-year. The cumulative import volume from January to October was 23,100 tons, with a cumulative year-on-year increase of 2.57%. SMM stated that due to the continued increase in import profit of tin ingots, the import volume in domestic market in October also increased again. With import profit expected to remain high in October and November, the subsequent import volume of tin ingots may continue at a high level, and the continuous import of overseas tin ingots will supplement the domestic tin market supply.

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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