Myanmar's Tin Mining Suspension: Supply Chain Disruptions and Market Outlook

Myanmar, the third largest tin producer globally and a major supplier to China, has recently declared a halt in tin mining in the state of Wa. Tin prices jumped 11% on the London Metal Exchange after this announcement. This decision is anticipated to have significant consequences on tin supplies worldwide, leading to disruptions. Leading industries such as automotive, electronics, packaging, and glass will be affected. And since the electronics sector is the driving force behind tin market growth, there is a high probability of increased prices once the suspension begins.