Tin futures in the UK rose to above $50,000 per tonne in late February, extending this year's increase amid signs of thin supply. The Indonesian government seized 500 tonnes of tin and arrested suspects of illegal mining operations. The move doubled down on Jakarta's threat that it would crack down on mining activity that lack licensing after President Subianto ordered the closure of 1,000 illegal mines in Sumatra, tightening the outlook on supply from the key exporter. Elsewhere, operations in Myanmar's Man Maw mine remained slow since being closed for a resource audit in 2023, magnified by bottlenecks linked to the destruction of infrastructure following the country's aggressive earthquake. On the demand front, tin's utility in datacenters drove Asian traders to pile on futures contracts for speculative positions on AI technology following the crowded developments in silver, although trading halts by the SHFE drove prices to retreat from the record-high of $59,000 in late January.
Tin rose to 54,434 USD/T on February 26, 2026, up 1.37% from the previous day. Over the past month, Tin's price has fallen 0.81%, but it is still 71.69% higher than a year ago, 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 200800.00 in September of 2022. Tin - data, forecasts, historical chart - was last updated on March 1 of 2026.
Tin rose to 54,434 USD/T on February 26, 2026, up 1.37% from the previous day. Over the past month, Tin's price has fallen 0.81%, but it is still 71.69% higher than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Tin is expected to trade at 54994.61 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 61243.69 in 12 months time.