Monthly Tin Market Report Dec 2017

Content
1 MARKET HIGHLIGHTS 5
2 COMPANY NEWS 5
2.1 Gaofeng Mining resumes tin concentrate production 5
2.2 Gejiu Jinye's tin ingot output increases by about 50% in November 5
2.3 Xiangjin Nonferrous Metal only sees operating rate at about 33.3% 5
2.4 Gejiu Yunxin Nonferrous cuts tin ingot output in November 5
2.5 Yunnan Chengfeng sees tin ingot output decline in Nov 6
2.6 China Tin Group's tin ingot output up by about 43% in November 6
2.7 Gejiu Nonferrous' tin ingot output edges up in Nov 6
2.8 Leiyang Huaxing Mining plans to resume tin concentrate production 6
2.9 CNMC Chifeng Dajingzi Tin to resume tin concentrate production 6
2.10 Gejiu Yunxin to resume refined tin production 6
2.11 Gejiu Nonferrous Metal to resume refined tin production 6
2.12 Gejiu Kaimeng Industry & Trade to finish desulfurizing tower upgrading in early January 7
2.13 Zhenghao Tin's tin ingot output to decrease in December 7
2.14 Dajin tin-zinc mine of Yingu Technology unlikely to resume production 7
2.15 Xiaoshan Tin to cut tin ingot output in December 7
2.16 Beipiao Starway resumes tin product production 7
2.17 Leiyang Rongxing plans to restore tin concentrate production 7
2.18 Gejiu Jinye to resume tin ingot production 8
2.19 Guanyang Guida Nonferrous' crude tin output to decline in December 8
2.20 Gejiu Zili's tin ingot output declines in December 8
2.21 Kaiyuan Mining's tin ingot output declines in December 8
2.22 Rui Feng Environmental Protection plans to increase crude tin output after Spring Festival 8
3 CHINESE MARKET 8
3.1 Economy and Policy 8
3.2 Market Movements 8
3.2.1 Chinese tin ingot prices decrease first and then increase 9
3.2.2 Chinese tin concentrate holder holds back from selling 9
3.2.3 Scrap tin prices down 9
4 INTERNATIONAL MARKET 9
4.1 The new dressing plant of Vanuni mine to go into production in 2018 9
4.2 PT Timah establishes a JV to develop Nigerian tin ore 9
4.3 LME tin price drops first and then rises 10
5 PRODUCERS STATISTICS 10
5.1 WBMS: Global tin market sees 10,500t of tin shortage from January to October 2017 10
5.2 China's tin ingot output down by 17.05% YOY in Dec 2017 10
5.3 China's tin ingot stocks up by 3.85% MOM in late Dec 2017 11
6 CUSTOMS STATISTICS 11
6.1 Indonesia's refined tin exports up significantly by 23% YOY in 2017 11
6.2 China's tin ore imports up by 129.13% MOM in November 11
6.3 China's refined tin and tin alloy imports down by 27.91% MOM in November 2017 12
7 RELEVANT INDUSTRY NEWS 13
7.1 Timeless software acquires 600 thousand of shares in Hongkong Longyin Holding to develop tin business 13
8 MARKET OUTLOOK FOR NEXT MONTH 14


Graph Content

Graph 1 Chinese spot tin prices trend from Nov to Dec (EXW; RMB/ton) 9
Graph 2 Price trend of Chinese tin concentrate 60%min from Nov to Dec (EXW; RMB/ metal ton) 9
Graph 3 Prices for three-month LME tin contracts from Nov to Dec 2017 (USD/ton) 10
Graph 4 Stocks for three-month LME tin contracts from Nov to Dec 2017 (ton) 10
Graph 5 China's tin ingot output by month from Jan 2016 to Dec 2017 (unit: ton) 10
Graph 6 China's tin ingot output by major province from Jan 2016 to Dec 2017 (unit: ton) 10
Graph 7 China's tin ingot stocks by month from Jan 2016 to Dec 2017 (ton) 11
Graph 8 China's tin ingot stocks by region and month from Jan 2016 to Dec 2017 (ton) 11
Graph 9 China's monthly tin ore imports from Jan 2016 to Nov 2017 (ton) 11
Graph 10 China's monthly tin ore imports from Burma from Jan 2016 to Nov 2017 (ton) 11
Graph 11 Monthly imports for refined tin and tin alloy in China from Jan 2016 to Nov 2017 (ton) 12
Graph 12 China's monthly imports for refined tin and tin alloy by origin from Jan 2016 to Nov 2017 (ton) 13


.Asian Metal Copyright3 LME tin price drops first and then rises 10 5 PRODUCERS STATISTICS 10 5Asian Metal Copyright