Tin5 Feb 2025 08:23
The global tin market is shifting, and 2025 could mark a pivotal moment. With China’s domestic market potentially short on tin following 2024, the supply challenges and geopolitical factors may start to significantly impact metal production.
Key insights from the market:
📉Declining Inventories: Visible tin inventories on the Shanghai Futures Exchange have dropped from ~20,000 tonnes to just ~5,000 tonnes.
📈Switch in Trade Flows: China has transitioned from a net exporter to a net importer of refined tin—a clear signal of tightening supply.
🌍Geopolitical Uncertainty: Supply bans and restrictions from regions like Myanmar have yet to fully impact refined tin production but could have major implications soon.