Tin Prices

Tin prices averaged USD 53,037 per metric ton in June, down 0.4% from May. On 30 June, the commodity traded at USD 51,172 per metric ton, down 2.0% from 29 May.

In June, tin prices fell marginally, likely due to a more bearish outlook for AI infrastructure. The share prices of chip producers and data center developers declined in Asia and the U.S. amid doubts over whether AI companies will spend as much on the sector as previously anticipated. That said, the metal is still trading well above its 10-year average and is up roughly 8% year to date, supported by strong AI demand.