Tin Market Report August 2013

Content
Introduction 3
1 Financial overview 3
1.1 Domestic financial overview 3
1.1.Asian Metal Copyright1 Timah reduces 2013 sales forecast 18 7.Asian Metal Copyright1 CPI up by 2.Asian Metal Copyright1 Chinese tin prices advance 8 3.Asian Metal Copyright7% while PPI down by 2.3% Y-O-Y in July 3
1.1.Asian Metal Copyright1 Chinese tin production in July down by 13% YOY 10 4.Asian Metal Copyright2 PMI increased further to 51.0% 4
1.2 International financial overview 5
1.2.1 Crude oil prices to go up with volatile situation in Syria 5
1.2.2 USD index fluctuate slightly 6
2 Tin futures on the LME start to rebound 7
3 Chinese domestic market review 8
3.1 Chinese tin prices advance 8
3.2 Tin concentrate prices climb up 9
4 Monthly production data 10
4.1 Chinese tin production in July down by 13% YOY 10
4.2 Tin production in Peru down slightly YOY in July 11
5 Import & Export data 11
5.1 Tin exports from Indonesia in July down by 42% MOM 11
5.2 Chinese imports of tin and tin alloy in July down by 63% YOY 11
5.3 Chinese imports of tin concentrate in July up by 15% MOM 15
6. Related industry development 17
6.1 Electronic information industry fixed asset investment in Jan-Jul in low growth range 17
6.2 Tin scrap prices rebound 18
7. Company news 18
7.1 Timah reduces 2013 sales forecast 18
7.2 Renison Project Jul tin output down 14.9% 18
7.3 Lower profit seen in sole tin producer in Peru 19
8 Outlook for next month 19

.Asian Metal Copyright3 Chinese imports of tin concentrate in July up by 15% MOM 15 6Asian Metal Copyright