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SMM analysis on China June refined tin output and July forecast

iconJul 10, 2024 13:40
Source:SMM
According to the SMM survey, China's refined tin production in June reached 16,285 mt, down 2.6% MoM but up 14.5% YoY.

According to the SMM survey, China's refined tin production in June reached 16,285 mt, down 2.6% MoM but up 14.5% YoY. In Yunnan, a refined tin smelter continued to halt production due to handover issues, and some suspended operations for about a week due to environmental protection inspections. Therefore, June tin production slightly decreased MoM. In Jiangxi, thanks to ample scrap supply in the market, some smelters significantly increased production. A refined tin smelter in Inner Mongolia maintained normal production, while a producer in Guangxi began shutdowns for maintenance, resulting in a sharp drop in tin production, with the impact expected to last until August. Smelters in Anhui and other regions generally maintained normal production in June.

Looking ahead to July, most smelters in Yunnan are expected to maintain normal production, but the resumption time for the producer halted due to handover issues remains unclear. Most smelters in Jiangxi plan to continue normal production, with a few expected to slightly increase output. China's tin production in July is expected to reach 16,525 mt, up 1.47% MoM and 21.49% YoY.

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