Shanghai Nonferrous Metals News
SMM: China produced 12,311 t of refined tin in October 2018, down 11.6% on-month. The decline can be attributed to production cuts from China Tin Group and IM Dashanzi Tin Industries Co. Ltd due to maintenance and ore supply problems. In Yunnan and Jiangxi, several producers have been forced to cut operation on ore supply shortages. Customs data shows tin ore imports have been in decline over the first nine months of 2018, which, together with low tin ore inventory at Shan State Burma, sees tin ore supply expected to be tight in the short-term. SMM forecasts domestic refined tin output at 12,900 t in November 2018.
