Tin prices averaged USD 34,528 per metric ton in September, up 2.0% from August. On 30 September, the commodity traded at USD 35,455 per metric ton, up 0.7% from 29 August.
In September, tin prices rose for the fourth consecutive month, hitting an over three-year high. On the demand side, China’s manufacturing PMI improved in September compared to August, signaling firmer demand from the top consumer. On the supply front, output concerns fueled the price rise: In the past months, Myanmar began gradually issuing new mining quotas after the prolonged suspension at the key Man Maw mine, but the latest data shows no increase in output, keeping supply tight.
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 | - | - | - | 24,421 | 26,200 | 32,190 | 31,661 | 30,215 | 31,782 | 32,260 | 33,988 | - |