Tin Price OutlookTin prices edged up in recent weeks, supported by an upbeat demand outlook in top metals consumer China, and still-constrained global supply. On 11 September, tin traded at USD 18,095 per metric ton, which was 2.2% higher than on the same day in the previous month. Moreover, the price was up 5.3% on a year-to-date basis and was 1.7% higher than on the same day last year. Chinese demand conditions have continued to improve throughout the third quarter, largely bolstered by the country’s massive fiscal stimulus package which is supporting an ongoing economic recovery. Beijing’s response to the economic downturn due to Covid-19 has proven to be metals-heavy, with a large focus on the construction industry and infrastructure investment, boding well for base metals demand and, in turn, boosting tin prices. Gradually recovering manufacturing activity in the U.S. and EU further cemented the upturn. On the supply side, sustained Indonesian production restrictions and pandemic-related disruptions in South American mines continued to buoy supply pressures, in turn supporting prices.
Tin Price History Data (USD per metric ton, aop)
Price forecasts and historical data for Energy, Metals and Agricultural Commodities.
Tin Historical Price Chart
Price forecasts and historical data for Energy, Metals and Agricultural Commodities
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