TIN SITUATION

Evening Post, Volume CXXVI, Issue 82, 4 October 1938, Page 14

TIN SITUATION

CONSUMPTION AND OUTPUT

Statistics published in the latest bulletin of the International Tin Research and Development Council, issued by The Hague Statistical Office, show that 82,600 tons of tin were produced in the first half, of the current year \ against 94,600 , tons in the first half of last year. World production in July is estimated at 11,600 tons, the average over the first six mon,ths being .13,770' tons. World apparent consumption of tin in the first half of this year, at 80,900 tons, was about 17£ per cent, below the figure for the first half of .1937. The most severe decrease was.in the United States 6f America, where tin consumption fell by 42.1 per cent., as compared with the first half of 1937-. In the United Kingdom there was a decrease of 29.3 per cent. Consumption in Russia increased by 32.7 per cent, and in Japan by 13.6 per cent., while there were slight increases in Germany and France. , World visible, stocks of tin increased by 1935 tons during July last to 29,447 tons, against 25,042 tons at the end of July . 1937. A comparison of statistics indicates that consumers' stocks have increased by over 7000 tons m the first half of this year, making a total increase since the beginning of 1937 of around 30,000 tons.