China's refined tin imports fell sharply in April, with net exports turning positive again

According to data from China Customs, China's refined tin imports reached 1,128 mt in April 2025, up 53.69% YoY and down 46.30% MoM. The import window gradually opened after late April, with some traders locking in orders on the futures market. However, due to the short time frame, the imports would mostly arrive in May.

China exported 1,638 mt of refined tin in April, down 14.84% YoY and 2.15% MoM. Due to differences in trade modes, it can be seen that the refined tin exports in April mainly came from Processing with Imported Materials, with exports down 0.53% MoM from March. The refined tin was mainly exported to countries and regions such as Japan, the Netherlands, South Korea, India, and Thailand, with the main destinations being refined tin consumption areas. The net refined tin exports in April were 510 mt, and the cumulative net refined tin exports from January to April 2025 were 382 mt.

Data source: General Administration of Customs