WBMS: Tin market records deficit of 17.4kt in Jan-Jun 2020

The tin market recorded a deficit of 17.Asian Metal Copyright6 per cent higher than the equivalent period of the previous year.Asian Metal Copyright4 kt during January to June 2020, according to data released by the World Bureau of Metal Statistics (WBMS).

Global reported production of refined metal was down by 8.8 kt, compared with the January to June 2019 total.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.Asian Metal Copyright Apparent demand in China was 4.Asian Metal Copyright Global reported production of refined metal was down by 8.Asian Metal Copyright6 per cent higher than the equivalent period of the previous year.

Chinese demand is calculated on an apparent basis using reported stocks on the Shanghai exchange. 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 tin demand during January to June 2020 was 183.3 kt which was 0.Asian Metal Copyright9 per cent below the comparable total for January to June 2019.Asian Metal Copyright1 per cent lower than the comparable period 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.Asian Metal Copyright Japanese demand was 11.Asian Metal Copyright Chinese demand is calculated on an apparent basis using reported stocks on the Shanghai exchange.Asian Metal Copyright0 kt which was 17.Asian Metal Copyright Japanese demand was 11.Asian Metal Copyright9 per cent below the comparable total for January to June 2019.

In June 2020, refined production was 26.9 kt and consumption was 27.Asian Metal Copyright0 kt which was 17.Asian Metal Copyright4 kt.

.Asian Metal CopyrightThe tin market recorded a deficit of 17.Asian Metal Copyright