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Chinese production of refined tin from major smelters rose 14.4% in April compared with the previous month, as most companies resumed the production process.
Twenty smelters, accounting for 97% of China’s total capacity, produced 15,464 tons of refined tin last month, up from 15,022 tons in March, an increase of 0.4% from April 2021.
The jump was mainly supported by southern China, whose production in April was up 109% from the previous month. The Yangtze COVID-19 outbreak had a limited impact on tin production, but caused oversupply due to weak downstream demand.
Consumption is expected to gradually resume in May with tin production possibly rising to 160,000 tons this month.
