WBMS: Tin market records deficit of 7.1 kt in Jan-Mar 2020
2020-05-21 12:03:05 [Print]
The tin market recorded a deficit of 7
Global reported production of refined metal was down by 11 kt, compared with the January to March 2019 total. Production in Asia was 11 . 5 kt lower than the January to March 2019 total . Apparent demand in China was 17 per cent lower than the equivalent period of the previous year.
Global tin demand during January to March 2020 was 83.2 kt which was 8 . 7 per cent below the comparable period of 2019 . Japanese demand was 5 . 8 kt which was 18 per cent below the comparable total for January to March 2019.
In March 2020, refined production was 24.2 kt and consumption was 30 . 7 kt.
. 1 kt during January to March 2020, according to data released by the World Bureau of Metal Statistics (WBMS) on May 20 . Total reported stocks were 9.1 kt lower than at the end of 2019Global reported production of refined metal was down by 11 kt, compared with the January to March 2019 total. Production in Asia was 11 . 5 kt lower than the January to March 2019 total . Apparent demand in China was 17 per cent lower than the equivalent period of the previous year.
Global tin demand during January to March 2020 was 83.2 kt which was 8 . 7 per cent below the comparable period of 2019 . Japanese demand was 5 . 8 kt which was 18 per cent below the comparable total for January to March 2019.
In March 2020, refined production was 24.2 kt and consumption was 30 . 7 kt.