Tin Prices

Tin prices averaged USD 52,971 per metric ton in July, down 0.1% from June. On 31 July, the commodity traded at USD 54,928 per metric ton, up 7.3% from 30 June.

Tin prices edged down in July for a second consecutive month, likely reflecting a modest strengthening of the U.S. dollar. Even so, prices remained more than double their average over the past decade and were up around 8% since January, as rising demand from the AI sector has transformed the once-humble metal into a strategically important input.