In February 2024, SMM China Tin production data was released.
According to SMM research, the domestic refined tin output in February was 11,460 tons, which was -25.54% compared with January and -10.41% compared with last year. In February, the domestic tin ingot production decreased greatly. Some smelting enterprises in Yunnan stopped production due to the Spring Festival holiday, and the start-up level dropped sharply, which led to a decrease in tin ingot production. The remaining few enterprises in Yunnan maintained stable production and had no maintenance plan for the time being. However, most smelting enterprises in Jiangxi stopped production and overhauled during the Spring Festival holiday, and the output decreased significantly compared with that in January. A smelting enterprise in Inner Mongolia carried out smoothly according to the production plan in February, and there was no adjustment of the production plan in the short term. A smelting enterprise in Guangdong stopped production during the Spring Festival, and the workshop recently resumed normal production; Most smelting enterprises in Anhui and other regions stopped production for two to three weeks in February.
In March, during the Spring Festival holiday, most smelting enterprises in Yunnan have resumed normal production, and a few smelting enterprises that have been overhauled in workshops have also resumed production; Most smelting enterprises in Jiangxi have stopped production and maintenance, and it is estimated that the output of refined tin will increase to some extent in March; A smelting enterprise in Hubei has stopped production since late October 2013 due to the shortage of waste procurement; Most smelting enterprises in other areas have also ended their holidays and resumed normal production. It is estimated that the domestic tin ingot production in March 2024 will be 15,560 tons, 35.78% from the previous month and 2.95% from the same period last year.
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