Tin ingots

Tin Price Outlook

Tin prices continued to rally in recent weeks, logging a new record high on 12 January, on solid supply-demand fundamentals. On 14 January, tin traded at USD 40,716 per metric ton, which was up 4.3% from the same day in the previous month. Moreover, the price was 3.4% higher on a year-to-date basis and was up 91.1% from the same day last year. Solid demand for electronics, coupled with the ongoing tightening of environmental restrictions globally—with photovoltaics and EV batteries being some of the technologies that use tin—continued to be the main driver of rising prices for the metal. Meanwhile, Indonesia’s announcement last month that it will ban exports of refined tin from 2024, coupled with protracted supply tightness, exerted additional upward pressure. However, the spread of the Omicron variant likely put a lid on the overall rise.

Tin Price History Data (USD per metric ton, aop)

2015  2016  2017  2018  2019  
Tin 16053.44  17960.96  20068.1  20134.02  18633.23  

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Price forecasts and historical data for Energy, Metals and Agricultural Commodities.

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Tin Historical Price Chart


Tin historical price chart
Note: Tin prices in USD per metric ton (mt). Daily prices.

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Price forecasts and historical data for Energy, Metals and Agricultural Commodities

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