The operating rates of tin ingot smelters in Yunnan and Jiangxi have declined.

Published: Aug 2, 2024 19:27
Source: SMM
According to the latest survey data from SMM, as of this week (data as of August 2), the operating rate of refined tin smelters in Yunnan and Jiangxi provinces has declined, with a comprehensive operating rate calculated at 64.28%

According to the latest survey data from SMM, as of this week (data as of August 2), the operating rate of refined tin smelters in Yunnan and Jiangxi provinces has declined, with a comprehensive operating rate calculated at 64.28%. A deeper analysis shows that the operating rate of smelters in Yunnan this week reached 65.32%, a slight decrease compared to last week's data. Further research by SMM indicates that most refined tin smelters in Yunnan maintained normal production this week, with no short-term plans for production cuts, and some companies' maintenance plans have not yet started. A few companies have reduced their scheduled production, and it is expected that due to tight raw material supply, some companies will gradually reduce their scheduled production, making it difficult for the operating rate of smelters in Yunnan to increase in the future. In Jiangxi, the operating rate of smelters this week was 62.51%, showing a certain degree of decline. Currently, most smelters in Jiangxi are at normal production levels, with no plans for equipment maintenance in the near future, but a few smelters have slightly reduced their scheduled production due to tight tin ore supply. Most secondary smelters currently report that raw material supply is relatively sufficient, and they expect to maintain the current operating rate in the future.

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The operating rates of tin ingot smelters in Yunnan and Jiangxi have declined. - Shanghai Metals Market (SMM)