Tin futures in the UK plunged to $46,600 per tonne from the record high of $56,800 on January 26th as a selloff in metals erased a portion of their recent speculative rally. Catalysts for the pullback included the SHFE halting trading for selected managers and the rebound in the dollar. The metal had surged over 40% this year alone due to tin's soldering usage in electronic goods and datacenters, driving investors to go long their contracts in proxy to speculative bets in AI technologies. Trading volumes in Shanghai exceeded one million tonnes in a single session in the first week of the year, more than twice the world physical usage annually, prompting authorities to warn against "blindly following the trend" and prohibit a section of high-frequency trading firms from entering the market. Physical supply remained uncertain worldwide as Indonesian President Subianto ordered the closure of 1,000 illegal tin mines in Sumatra, lowering the output from the world's second largest supplier.
Tin rose to 46,718 USD/T on February 6, 2026, up 0.56% from the previous day. Over the past month, Tin's price has risen 5.40%, and is up 50.18% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Historically, Tin reached an all time high of 200800 in September of 2022. Tin - data, forecasts, historical chart - was last updated on February 9 of 2026.
Tin rose to 46,718 USD/T on February 6, 2026, up 0.56% from the previous day. Over the past month, Tin's price has risen 5.40%, and is up 50.18% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Tin is expected to trade at 47161.27 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 51521.92 in 12 months time.