China’s Ministry of Commerce recently announced that the 2013 export quota for tin had been set at 17000 tonnes, down 5.6% from 2012. The quotas for other minor metals including tungsten are left unchanged.
The export quota for tin has been lowered because the actual amount of tin exports from China has remained lower than the annual quota in recent years on continuously growing domestic demand and constant appreciation of the local currency. In the first nine months of this year, tin exports from the biggest producer were only 1200t.
Source: China Metals e-mail [email protected]