As we’ve noted in previous reports, increasing consumer demand for electronics has supported the tin price. Balanced market as tin prices risePrices have surged amid a balanced global tin market. Global tin demand during January to May 2021 reached 176,900 tons, or up 14% year over year. Chinese tin exports downMeanwhile, China’s exports of tin declined in June, the International Tin Association reported, citing a declining arbitrage in SHFE and LME tin prices. “This tightened supply of refined tin in the Chinese market, closing the arbitrage,” the ITA said.