The local prices are expected to be released soon, stay tuned!
Got it
+86 021 5155-0306
Language:
SMM
Sign In
Base Metals
Aluminum
Copper
Lead
Nickel
Tin
Zinc
New Energy
Solar
Lithium
Cobalt
Lithium Battery Cathode Material
Anode Materials
Diaphragm
Electrolyte
Lithium-ion Battery
Sodium-ion Battery
Used Lithium-ion Battery
Hydrogen Energy
Energy Storage
Minor Metals
Silicon
Magnesium
Titanium
Bismuth/Selenium/Tellurium
Tungsten
Antimony
Chromium
Manganese
Indium/Germanium/Gallium
Niobium/Tantalum
Other Minor Metals
Precious Metals
Rare Earth
Gold
Silver
Palladium
Platinum/Ruthenium
Rhodium
Iridium
Scrap Metals
Copper Scrap
Aluminum Scrap
Tin Scrap
Ferrous Metals
Iron Ore Price
Finished Steel
Coke
Coal
Pig Iron
Silicon Steel
Others
Futures
SMM Index
MMi
[SMM Analysis] Refined Tin Production Fell by 4.41% in December, Production May Continue to Decline as Chinese New Year Approaches
Dec 31, 2024, at 11:33 am
[SMM Analysis: Refined Tin Production Fell by 4.41% in December, Production May Continue to Decline as Chinese New Year Approaches]: According to data processed by SMM based on market communication, China's refined tin production in December 2024 decreased by 4.41% compared to the previous month, but the cumulative YoY growth was a significant 8.91%. Due to the tightening supply of tin ores and scrap, the overall output of tin ingots showed a downward trend during the month.......
SMM December 31 News: According to data compiled by SMM through market exchanges, in December 2024, China's refined tin production decreased by 4.41% compared to the previous month but showed a significant YoY increase of 8.91%. Due to the tightening supply of tin ore and scrap, the overall output of tin ingots declined during the month.
In the Yunnan region, the volume of tin ore imported from Myanmar remained at a low level, putting significant pressure on local raw material supplies. Most smelting enterprises chose to maintain the status quo or slightly reduce production scales. If Myanmar's tin ore production ban policy remains unchanged, we expect the output of smelting enterprises in Yunnan to continue declining. Additionally, the recent continuous decline in tin concentrate TC has fallen below the cost line for some smelting enterprises, leading some to plan production halts before the end of the year.
Meanwhile, in Jiangxi, despite seasonal factors affecting scrap supply in November, smelting enterprises achieved a slight increase in production due to relatively sufficient raw material supplies. However, this growth trend is unlikely to sustain, and in December, most smelting enterprises in Jiangxi also experienced a decline in production. In Inner Mongolia and Guangxi, smelting activities remained relatively stable. However, in Anhui and other regions, increasing difficulties in raw material procurement have already impacted smelting enterprises' production, and maintaining future production levels is expected to face significant challenges.
Considering the above factors, we predict that in January, national tin ingot production may continue to decline. Given the significant uncertainties surrounding the import situation of tin ore from Wa State in Myanmar and the worsening raw material supply issues for smelters, all market participants need to remain highly vigilant and closely monitor the latest developments in the raw material market to respond promptly to potential market fluctuations.
