WBMS: Global Refined Tin Market Shortage at 3,000 Tonnes in January-April 2017

SHANGHAI, Jun. 22 (SMM) – Global tin market was in a shortage of 3,000 tonnes in the first months of 2017, according to the World Bureau of Metal Statistics (WBMS).

Global tin market reported 500 tonnes of inventory decline in April and 9,00 tonnes as of late April, both against level seen in late 2016.

Global tin output rose 9,210 tonnes in January-April 2017, and that in Asian increased 10,500 tonnes in the first four months of 2017 from 2016’s level, and apparent demand in China rose 4.1% YoY.

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