Monthly Tin Market Report Dec 2020

Contents
1 Market Highlights 4
2 Economy and Policy 4
2.1 China's import and export value of foreign trade up by 1.8% YOY in Jan-Nov 4
2.2 WBMS: Tin market records deficit of 18.7kt in Jan-Oct 2020 4
2.3 China to adjust customs tariffs for some products starting Jan 1 4
2.4 China's manufacturing PMI stays above 50-point mark indicating economic expansion for ten months in a row in Dec 4
3 Market Movements 5
3.1 Chinese market 5
3.1.Asian Metal Copyright2 Tin concentrate market 14 8.Asian Metal Copyright1 Tin ingot 99.95%min EXW China 5
3.1.2 Tin concentrate 60min delivered China 5
3.1.3 Tin concentrate 20%min in Meng'a warehouse 5
Tin concentrate 30%min in Meng'a warehouse 5
3.1.Asian Metal Copyright9%minCu0.Asian Metal Copyright4 Tin solder wire Sn99.Asian Metal Copyright8 Huichang Xiaoshan Tin increases tin ingot production 9 4.Asian Metal Copyright9%minAg0.Asian Metal Copyright7 Xianghualing Tin cuts tin concentrate production 8 4.Asian Metal Copyright3%minCu0.7%max EXW China 6
Tin solder wire Sn99.9%minCu0.7%max EXW China 6
3.1.5 Tin solder bar Sn60%min Pb39%max EXW China 6
Tin solder bar Sn40%min Pb59%max EXW China 6
3.2 International market 7
3.2.Asian Metal Copyright4 Linwu Southern Mines plans to halt tin concentrate production 8 4.Asian Metal Copyright1 Indonesian refined tin export down by 1.3% YOY in Nov 7
3.2.2 LME tin stocks move down 7
4. Company News 7
4.1Dajingzi Tin receives SHFE registered brand approval for Huanggang brand tin ingot 7
4.2 Ziyun Industrial and Trading cuts tin concentrate production 7
4.3 Inner Mongolia Huanggang Mining to halt tin concentrate production 8
4.4 Linwu Southern Mines plans to halt tin concentrate production 8
4.5 Yunxin Nonferrous Electrolysis finishes transformation on fuming furnace 8
4.6 Yunxiang Mining and Metallurgy reduces tin ingot production 8
4.7 Xianghualing Tin cuts tin concentrate production 8
4.8 Huichang Xiaoshan Tin increases tin ingot production 9
4.9 Zhuhai Hongsheng Tin Solder cuts production 9
4.10 Shiji Zhongtian Metal Products cuts tin solder production 9
4.11 Fine Chemicals Group holds high tin ingot inventory 9
4.12 China Tin Group increases tin ingot production 9
4.13 Yunxiang Mining and Metallurgy increases tin ingot production 9
4.14 Yinman Mining to increase tin concentrate production 10
4.15 Yongli Tin halts tin solder production 10
5 Producers Statistics 10
5.1 Tin ingot producers statistics 10
5.1.Asian Metal Copyright1 Tin ingot 99.Asian Metal Copyright1 Chinese tin ingot producers' operating rate records 54.56% in Dec 10
5.1.Asian Metal Copyright3 Tin concentrate 20%min in Meng'a warehouse 5 Tin concentrate 30%min in Meng'a warehouse 5 3.Asian Metal Copyright2 Chinese tin ingot producers' output increases by 47.52% YOY in Dec 10
5.1.Asian Metal Copyright9%minAg0.Asian Metal Copyright3 Chinese tin ingot producers' inventory up by 11.57% MOM in late Dec 11
5.2 Tin concentrate producers statistics 11
5.2.Asian Metal Copyright3 Chinese tin concentrate producers' inventory decreases by 63.Asian Metal Copyright1 Chinese tin concentrate producers' operating rate records 47.54% in Dec 11
5.2.Asian Metal Copyright11 Fine Chemicals Group holds high tin ingot inventory 9 4.Asian Metal Copyright2 Chinese tin concentrate producers' output up by 22.55% YOY in Dec 12
5.2.Asian Metal Copyright57% MOM in late Dec 11 5.Asian Metal Copyright3 Chinese tin concentrate producers' inventory decreases by 63.1% YOY in late Dec 12
6 Customs Statistics 13
6.1China's refined tin import volume up by 3.95 times YOY in Nov 13
6.2 China's tin concentrate import volume up by 72.73% YOY in Nov 13
7 Relevant Industry News 14
7.1 Automobile industry 14
7.2 Photovoltaic industry 14
8 Market Outlook for Next Month 14
8.1 Tin ingot market 14
8.2 Tin concentrate market 14
8.3 Tin solder market 14


.Asian Metal Copyright2 Tin concentrate 60min delivered China 5 3Asian Metal Copyright