Published: Apr 15, 2024 09:10
SMM Morning News Summary: Macro News Affects Tin Prices Frequently, Focus on Consumer Expectations Achieving According to SMM, recently the Wa State Industrial Mineral Management Bureau issued two notices regarding mining area issues. The notices emphasized that all mine shafts in Manxiang area need to strictly comply with the relevant documents on shutdown and production stoppage issued by the Wa State Central Economic Planning Committee. If the regulations are violated, legal responsibility will be pursued. Currently, supply-side disturbances in the tin ore market are still present. Meanwhile, according to SMM data, domestic refined tin production in March reached 15,556 tons, an increase of 35.74% month-on-month and 2.92% year-on-year. This growth is mainly attributed to a significant increase in production levels at some smelting companies in Yunnan province after the elimination of the Spring Festival holiday impact...

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