With the rise of electrical vehicles, battery, Soldering has become more important than ever. Ensuring the right type of Solder Wire and flux is used for your application is important to ensure reliable connection and mechanical strength across a broad range of industries. Tin metal is main materials of Solder wire and bar, learning the news of tin is important.
According to data released by the Indonesian Ministry of Trade, Indonesia's refined tin product exports in September decreased by 16.7% year-on-year to 5,834.54 tons. According to SMM database, since February this year, Indonesia's tin ingot export volume has shown an upward trend as a whole. In June, the export volume was about 8,000 tons, hitting a new high in nine months, and then gradually declined. In July and August, it decreased by about 3,000 tons, and in September, the export volume increased by 16%.
In October, it is expected that a domestic smelting enterprise in Yunnan will produce some reduction of tin ingots due to the procurement of tin ore, and another two smelting enterprises in Jiangxi will slightly reduce their production due to the factors of employees' holiday arrangements during the 11 th holiday. Most other smelting enterprises indicated that they will maintain stable production. It is estimated that the domestic refined tin output will decrease by about 3.79% month-on-month to 14,800 tons in October. At present, China imported from several Wuxi mines in Wa State, Myanmar in September, and only some tin mines were imported from southern Myanmar. Although the technical transformation of Yinman Mining, a subsidiary of Xingye Yinxi, has gradually increased, if the ban on mining in Wa State in Myanmar continues, it will gradually affect the domestic tin supply with time.
It is expected that the export of Indonesian tin ingots will no longer be troubled by export licenses in the fourth quarter. Due to the gradual expansion of China's tin ingot import profit, the domestic tin ingots imported from overseas will increase in magnitude, including those imported from other countries such as Indonesia. Pay attention to the changing trend of Indonesia's tin ingot export.
