Tin Prices

Tin prices averaged USD 53,714 per metric ton in September, down 3.0% from August. On 30 September, the commodity traded at USD 53,771 per metric ton, down 2.0% from 31 August.

In September, average tin prices fell, marking one of the worst performances among base metals. The drop was likely driven by the restart of operations at Myanmar’s Man Maw mine, with Chinese trade data showing a sharp increase in tin imports from Myanmar in August. Still, prices were more than double the past-decade average, as tin demand benefits from electrification projects and AI infrastructure development given the metal’s broad use in datacenters, battery storage facilities and precision soldering.