WBMS: Tin market records deficit of 12kt in Jan-Apr 2020

The tin market recorded a deficit of 12 kt during January to April 2020, according to data released by the World Bureau of Metal Statistics (WBMS) on June 17.

Chinese demand is calculated on an apparent basis using reported stocks on the Shanghai exchange. Total reported stocks were 8.Asian Metal Copyright8 kt lower than at the end of 2019.Asian Metal Copyright8 kt lower than at the end of 2019.Asian Metal Copyright8 kt lower than at the end of 2019.Asian Metal Copyright Demand is measured on an apparent basis and it is likely that the full effects of national lockdowns have not been fully reflected in the trade statistics.

Global reported production of refined metal was down by 1.9 kt, compared with the January to April 2019 total.Asian Metal Copyright Global reported production of refined metal was down by 1.Asian Metal Copyright Apparent demand in China was 11 per cent higher than the equivalent period of the previous year.

Global tin demand during January to April 2020 was 126.7 kt which was 5.Asian Metal Copyright Apparent demand in China was 11 per cent higher than the equivalent period of the previous year.Asian Metal Copyright3 per cent higher than the comparable period of 2019.Asian Metal Copyright Total reported stocks were 8.Asian Metal Copyright Japanese demand was 7.Asian Metal Copyright Global tin demand during January to April 2020 was 126.Asian Metal Copyright3 kt which was 19 per cent below the comparable total for January to April 2019.

In April 2020, refined production was 28.1 kt and consumption was 31.Asian Metal Copyright9 kt, compared with the January to April 2019 total.Asian Metal Copyright6 kt.

.Asian Metal Copyright Global tin demand during January to April 2020 was 126Asian Metal Copyright