Tin Price Outlook
Tin prices tanked at the end of November, following a period of relative stability in the first half of the month. On 30 November, tin traded at USD 18,398 per metric ton, which was down 3.7% from the same day in October. Moreover, the price was 8.4% lower on a year-to-date basis and it also was down 6.6% from the same day last year. Downbeat economic data from China—the world's largest consumer of tin—exerted strong downward pressure on global tin prices in the second half of November. According to survey data, manufacturing output in Chinese factories continued to decelerate in November, signaling that higher U.S. tariffs on Chinese imports are taking their toll on the world’s largest producer of the metal. In turn, concerns of excess supply in the tin market have increased as weaker Chinese demand for tin led tin stocks to accumulate in Chinese warehouses.Tin Price History Data (USD per metric ton, aop)
| 2013 | 2014 | 2015 | 2016 | 2017 | |
|---|---|---|---|---|---|
| Tin | 22272.66 | 21878.75 | 16053.44 | 17960.96 | 20068.1 |
Sample Report
Price forecasts and historical data for Energy, Metals and Agricultural Commodities.
Tin Historical Price Chart
Sample Report
Price forecasts and historical data for Energy, Metals and Agricultural Commodities
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