Monthly Tin Market Report Oct 2020

Contents
1 Market Highlights 3
2 Economy and Policy 3
2.1 WBMS: Tin market records deficit of 18.5kt in Jan-Jul 2020 3
2.2 Ministry of Finance: China issues local government bonds worth RMB5.68 trillion from Jan to Sep 3
2.3 Ministry of Ecology and Environment: Air pollution control not loosen in autumn and winter 3
3 Market Movements 3
3.1 Chinese market 3
3.1.1 Tin ingot prices hover high in Chinese market 3
3.1.2 Tin concentrate market sees active transactions 3
3.1.3 Tin solder market sees fewer orders 4
3.2 International market 5
3.2.1 LME tin stocks go down 5
4. Company News 5
4.1 Linwu Southern Mines resumes tin concentrate production 5
4.2 Fangyuan (De'an) Mining to restart tin concentrate production 6
4.3 Yongkang Guangsheng Tin cuts tin ingot production 6
4.4 Shiji Zhongtian Metal Products reduces tin solder production 6
4.5 Guangxi Debao Copper finishes equipment maintenance of tin dressing plant 6
4.6 Wuhu Xinyang Industrial and Trading puts off crude tin production resumption 6
4.7 Yunxin Nonferrous Electrolysis upgrades fuming furnace 7
4.8 Orders for Zhuhai Hongsheng Tin Solder decline 7
4.9 Chaozhou No.1 Chemical Plant conducts maintenance on kiln 7
4.10 Alphamin Resources' tin sales up by 3% QoQ in Q3 7
5 Producers Statistics 7
5.1 Tin ingot producers statistics 7
5.1.Asian Metal Copyright39% YOY in Oct 7 5.Asian Metal Copyright1 Chinese tin ingot producers' output increases by 45.39% YOY in Oct 7
5.1.Asian Metal Copyright2 Tin concentrate market sees active transactions 3 3.Asian Metal Copyright2 Chinese tin ingot producers' inventory up by 6.33% YOY in late Oct 8
5.1.Asian Metal Copyright1 Chinese tin concentrate producers' output up by 23.Asian Metal Copyright3 Chinese tin ingot producers' operating rate records 53.19% in Oct 8
5.2 Tin concentrate producers statistics 9
5.2.Asian Metal Copyright3 Tin solder market sees fewer orders 4 3.Asian Metal Copyright1 Chinese tin concentrate producers' output up by 23.77% YOY in Oct 9
5.2.Asian Metal Copyright1.Asian Metal Copyright2 Chinese tin concentrate producers' inventory decreases by 48.5% YOY in late Oct 9
5.2.Asian Metal Copyright3 Tin solder market sees fewer orders 4 3.Asian Metal Copyright3 Chinese tin concentrate producers' operating rate records 43.59% in Oct 10
6 Customs Statistics 10
6.1 China's refined tin import volume up by 2.2 times YOY in Sep 10
6.2 China's tin concentrate import volume down by 51.2% YOY in Sep 11
7 Relevant Industry News 11
8 Market Outlook for Next Month 11
8.1 Tin ingot market 11
8.2 Tin concentrate market 11
8.3 Tin solder market 12


.Asian Metal Copyright33% YOY in late Oct 8 5.Asian Metal Copyright