Tin Industry Annual Report 2018

Contents
1 Market Highlights 4
2 Economy and Policy 4
2.1Chinese market 4
2.1.1 Environmental acceptance checks implemented in 20 provinces in China 4
2.1.2 Environmental tax levied for the first time across China 4
2.1.3 Standards on nonferrous metal code to take effects from Sep 4
2.1.4 Chinese finance and taxation authorities to lift VAT export rebate rates for some metal products 4
2.2 International market 4
2.2.1 Russia will raise VAT in 2019 4
2.2.2 PM approves planning on mineral exploration and exploitation 4
2.2.3 Mineral taxes in democratic republic of Congo increase with the revision of mining regulations 5
2.2.4 Kasbah Resources aims to have Morocco tin mine in production by 2020 5
2.2.5 Indonesia tin exports slump on after bourse restricts trading 5
2.2.6 Rwanda releases 50 mining licenses in 2018 5
3 Market Movements 5
3.1 Chinese market 5
3.1.1 Chinese tin ingot prices fluctuate 5
3.1.2 TCs for tin concentrate stable 6
3.2 International market 6
3.2.1 LME tin price shows a downward 'V" trend 6
3.2.2 LME tin stocks stands low 6
4 Company News 6
4.1 Thomson Resources receives high grade tin results from Bygoo Project 6
4.2 Chaogui Tin halts tin ingot production 7
4.3 Chifeng Dajingzi Tin's newly-added electric furnace goes into operation 7
4.4 Dongguan Yihui Industry plans to put refined tin into production 7
4.5 Leiyang Rongxing begins to produce tin concentrate 7
4.6 Gejiu Jinye just operates fuming furnace 7
4.7 Yinman Mining plans to expand tin concentrate production significantly in 2018 7
4.8 Guangxi Pgma suspends tin ingot production 8
4.9 Jiangxi Zili to expand tin ingot production 8
4.10 Inner Mongolia Weila Situo gets approval on filing 8
4.11 Zijin Mining expects to resume tin concentrate production in 2019 8
5 Producers Statistics 8
5.1 WBMS: tin market records deficit in Jan to Nov 2018 8
5.2 Global tin market to see an oversupply of 500t in 2019 9
5.3 Chinese tin ingot producers' output up by 8.8% YOY in 2018 9
5.4 Chinese tin ingot producers' sales up by 11.4% YOY in 2018 9
5.5 Chinese tin ingot producers' inventory down by over 50% YOY in late 2018 10
6 Relevant Industry News 10
6.1 Electronic information manufacturing industry stable in 2018 10
7 Customs Statistics 11
7.1 Indonesia's refined tin exports down by 3% YOY 11
7.2 China's tin concentrate imports down by 25% YOY in 2018 11
7.3 China's refined tin imports down by 37% YOY in 2018 12
8 Market outlook for 2019 12



Graph Contents

Graph 1 Chinese spot tin prices trend from Jan to Dec 2018 (EXW; RMB/t) 5
Graph 2 Price trend for Chinese tin concentrate 60%min from Jan to Dec 2018 (EXW; RMB/metal ton) 6
Graph 3 LME tin price trend from Jan to Dec 2018 (USD/t) 6
Graph 4 LME tin stocks trend from Jan to Dec 2018 (t) 6
Graph 5 Chinese tin ingot producers' output by month from Jan 2017 to Dec 2018 (ton) 9
Graph 6 Chinese tin ingot producers' output by province by month from Jan 2017 to Dec 2018 (ton) 9
Graph 7 Chinese tin ingot producers' sales by month from Jan 2017 to Dec 2018 (ton) 9
Graph 8 Chinese tin ingot producers' sales by province by month from Jan 2017 to Dec 2018 (ton) 10
Graph 9 Chinese tin ingot producers' inventory by month from Jan 2017 to Dec 2018 (ton) 10
Graph 10 Chinese tin ingot producers' inventory by province by month from Jan 2017 to Dec 2018 (ton) 10
Graph 11 Indonesia's exports of refined tin by month from Jan 2017 to Dec 2018 (ton) 11
Graph 12 China's imports of tin concentrate by month from Jan 2017 to Dec 2018 (ton) 11
Graph 13 China's imports of tin concentrate from Myanmar by month from Jan 2017 to Dec 2018 (ton) 11
Graph 14 China's imports of refined tin by month from Jan 2017 to Dec 2018 (ton) 12

Table 1 Major importers of tin concentrate and volumes in 2018 (t) 11
Table 2 Major importers of refined tin and volumes in 2018 (t) 12


.Asian Metal Copyright2Asian Metal Copyright