Tin Prices

Tin prices averaged USD 36,012 per metric ton in October, up 4.3% from September. On 31 October, the commodity traded at USD 36,126 per metric ton, up 1.9% from 30 September.

In October, tin prices rose for the fifth consecutive month and averaged at the highest level since early 2022. Greater optimism surrounding U.S. demand prospects—now that the Fed is cutting rates and U.S.-China trade tensions have ebbed—likely provided support. Moreover, Indonesia’s clampdown on illegal tin mining could have capped supply.