China Firms Seeking Tin Mines Around the Globe
Reuters reported China is seeking mines in South America, Asia and Africa for tin and other metals.
Articles Tagged "china"
Yunan Tin Expects Costs to Rise on New China Tin Ore Tax
Reuters reported Yunnan Tin Co Ltd (SHE:000960,HKG:0263) said it expects costs to rise about $7.9 million after China raised its tin ore taxes.
China Raises Resource Tax on Tin
Bloomberg reported China increased resource taxes on tin and five other minerals on Friday.
Tin Inches Up on China Imports
Bloomberg reported base metals, including tin, moved up on an increase in China imports and Europe.
Tin Prices Stall on Macroeconomic Outlook
While the price of tin has made a modest gain since the start of the year, global economic cues may limit the gains in the short term. Indonesia has lifted the export ban increasing supply, while demand is still weak.
Tin Slips on China Slowdown
Reuters Africa reported base metals slipped, including tin, on Monday on slowing demand in China.
Base Metals Drop
Bloomberg reported base metals fell, after Chinese Premier Wen Jiabao said the government will maintain property curbs and the dollar jumped.
China Sets 2012 Tin Export Quota at 18,000 Tonnes
Reuters reported China set a tin export quota for 2012 at 18,000 tonnes.
Tin Prices and Supply Volatility
As the old adage goes, “The only cure for high prices, is high prices.” The fundamentals of the tin market are showing this statement to be true. The high price in April prompted a sell-off of stocks in China. Now that the price is depressed Indonesia has ban exports hoping for a higher price.
European Tin Premiums Rise; China Demand Seen Strong
Reuters Africa reported tin premiums in Europe rose this week as inventories declined in London Metal Exchange (LME) warehouses.
