Tin futures were trading around the $30,000 per tonne mark, a level not seen since June 2022, as top consumer China made efforts to reopen and support its economy, thus lifting the outlook for demand. In a significant easing of coronavirus-related controls, the Chinese government announced that people would no longer need to show negative virus tests or health codes to travel between different regions of the country. Still, tin prices are down roughly 50% from their March record peak of nearly $50,000 amid weak demand from the consumer electronics sector and rising levels of production from major producers Indonesia and Malaysia. Malaysia Smelting, one of the world's biggest tin producers, said it would increase its output by 20% over the next couple of years. In the longer term, demand for Tin should benefit from the energy transition and green technologies, particularly in solar panels and EVs.

Historically, Tin reached an all time high of 200800.00 in September of 2022. Tin - data, forecasts, historical chart - was last updated on January of 2023.

Tin is expected to trade at 28511.70 USD/MT by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 25732.52 in 12 months time.

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Tin



Price Day Month Year
Coal 355.60 1.60 0.45% -11.21% 56.24%
Cobalt 49,000.00 0 0% -5.69% -30.99%
Lead 2,182.25 -23.25 -1.05% -3.64% -4.01%
Aluminum 2,647.00 8.00 0.30% 11.17% -14.13%
Tin 32,262.00 1412 4.58% 30.44% -22.99%
Zinc 3,413.50 -73.00 -2.09% 13.58% -5.43%
Nickel 28,673.50 -520 -1.78% -5.16% 25.96%
Molybdenum 73.50 0 0% 58.06% 64.25%
Palladium 1,618.86 -58.02 -3.46% -9.25% -31.89%
Gallium 2,025.00 0 0% 10.96% -10.99%
Germanium 8,050.00 0 0% 1.90% -13.90%
Manganese 32.25 0 0% 3.20% -3.73%
Indium 1,435.00 0 0% 0% -6.51%
Soda Ash 2,666.00 0 0% 0.68% 21.87%
Neodymium 965,000.00 0 0% 1.58% -24.90%
Tellurium 557.50 0 0% 0.91% 21.86%
Iron Ore 62% fe 122.70 0.21 0.17% 10.74% -6.20%
Rhodium 12,250.00 0 0% 0% -27.08%


Tin
Tin is a silvery, malleable metal mainly used in the production of solder and to coat other metals to prevent corrosion. It is widely used in metal in the environmental and sustainability landscape, particularly in photovoltaic installations, electric vehicles, and electronics. The biggest producers of tin are China, Malaysia, Indonesia, Peru, Thailand, Bolivia and Myanmar. Tin Futures are available for trading in The London Metal Exchange (LME). The standard contact weighs 5 tonnes.
Actual Previous Highest Lowest Dates Unit Frequency
32262.00 30850.00 200800.00 2162.75 1960 - 2023 USD/MT Daily