Monthly Tin Market Report Nov 2020

Contents
1 Market Highlights 4
2 Economy and Policy 4
2.1 WBMS: Tin market records deficit of 18.5kt in Jan-Jul 2020 4
2.2 Ministry of Finance: China issues local government bonds worth RMB5.68 trillion from Jan to Sep 4
2.3 Ministry of Ecology and Environment: Air pollution control not loosen in autumn and winter 4
3 Market Movements 4
3.1 Chinese market 4
3.1.Asian Metal Copyright1.Asian Metal Copyright1 Tin ingot 99.95%min EXW China 4
3.1.2 Tin concentrate 60min delivered China 4
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 Copyright7%max EXW China 5 3.Asian Metal Copyright4 Tin solder wire Sn99.Asian Metal Copyright1 Tin ingot 99.Asian Metal Copyright9%minAg0.Asian Metal Copyright2.Asian Metal Copyright3%minCu0.7%max EXW China 5
Tin solder wire Sn99.9%minCu0.7%max EXW China 5
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 6
3.2.1LME tin stocks decline 6
4. Company News 7
4.1 Gan Tin Industrial and Trading increases tin ingot production 7
4.2 Yongli Tin Solder to reduce tin solder production 7
4.3 Huichang Xiaoshan Tin conducts technological transformation on tin smelting equipment 7
4.4 Yinxin Mining halts tin concentrate production 7
4.5 GRINM Powder New Materials to list on science and technology innovation board 7
4.6 Shiji Zhongtian Metal Products cuts tin solder production 7
4.7 AfriTin Mining records tin concentrate output of 48.2t at Uis in October 8
4.8 Linwu Southern Mines resumes tin concentrate production 8
4.9 Yinman Mining halts selling tin concentrate 8
4.10 China Tin Group to resume tin ingot production 8
4.11 Dajingzi Tin difficult to achieve annual tin ingot production target 8
4.12 Malaysia Zun Hao Mineral to resume tin concentrate production 8
4.13 Yunxiang Mining and Metallurgy increases tin ingot production 9
5 Producers Statistics 9
5.1 Tin ingot producers statistics 9
5.1.Asian Metal Copyright1 Tin ingot producers statistics 9 5.Asian Metal Copyright1 Chinese tin ingot producers' operating rate records 51.05% in Nov 9
5.1.Asian Metal Copyright1 Tin ingot market 13 8.Asian Metal Copyright2 Chinese tin ingot producers' output increases by 82.33% YOY in Nov 9
5.1.Asian Metal Copyright3%minCu0.Asian Metal Copyright3 Chinese tin ingot producers' inventory down by 7.41% MOM in late Nov 10
5.2 Tin concentrate producers statistics 10
5.2.Asian Metal Copyright8% YOY in Oct 12 7 Relevant Industry News 12 7.Asian Metal Copyright1 Chinese tin concentrate producers' operating rate records 44.77% in Nov 10
5.2.Asian Metal Copyright11 Dajingzi Tin difficult to achieve annual tin ingot production target 8 4.Asian Metal Copyright2 Chinese tin concentrate producers' output up by 26.96% YOY in Nov 10
5.2.Asian Metal Copyright1 WBMS: Tin market records deficit of 18.Asian Metal Copyright3 Chinese tin concentrate producers' inventory increases by 31.55% MOM in late Nov 11
6 Customs Statistics 11
6.1 China's refined tin import volume up by 5.13 times YOY in Oct 11
6.2China's tin concentrate import volume down by 12.8% YOY in Oct 12
7 Relevant Industry News 12
7.1Automobile industry 12
7.2Photovoltaic industry 13
8 Market Outlook for Next Month 13
8.1 Tin ingot market 13
8.2 Tin concentrate market 13
8.3 Tin solder market 13


.Asian Metal Copyright2 Chinese tin ingot producers' output increases by 82Asian Metal Copyright