Chinese refined tin imports increase eightfold amid Covid-19 lockdown

April 01, 2020 / www.metalbulletin.com / Article Link

Imports of refined tin into China increased by more than 800% year on year during the country's imposed Covid-19 lockdown over the January-February period, recent customs data from the country shows.

China's domestic economy was brought to a standstill at the start of the year after the outbreak of the coronavirus restricted domestic trade, stymied production and crippled industrial activity.
Subsequently, the London Metal Exchange three-month tin price declined by more than 30% against broad-based risk aversion and production concerns.

As a result, the import arbitrage between the LME and Shanghai Futures...

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