Tin prices averaged USD 33,610 per metric ton in July, up 3.3% from June. On 31 July, the commodity traded at USD 32,694 per metric ton, down 3.4% from 30 June.
Prices rose for the second month running on blossoming demand in the semiconductor sector, which accounts for over half of global tin demand. Meanwhile, the long-awaited reopening of Myanmar’s Man Maw mine edged closer in recent weeks, likely denting prices towards the end of July. Several companies have received mining permits and are set to restart operations soon. However, the restart will be slowed by maintenance following a near two-year halt in production.
This chart displays Tin (US$/mt) from 2023 to 2025.
Tin LME (prices in US$/mt, aop)
| Q1 2023 | Q2 2023 | Q3 2023 | Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tin LME | - | - | 26,763 | 24,421 | 26,200 | 32,190 | 31,661 | 30,215 | 31,782 | 32,260 | - | - |