Tin futures in the UK sank to $50,550 per tonne in late June, the lowest in over seven weeks, amid a bearish turn for the outlook of AI infrastructure. Equities for chip producers and data center developers plunged in Asia and the US amid fresh doubt on whether AI companies are due to spend as much on the sector as previously signaled. The earlier wave of deals and investment in compute had triggered the rally for tin due to its utility in data centers through soldering, with industry players forecasting that tin demand in AI servers is due to triple by 2030. Still, the supply backdrop remained tight. Major producer Indonesia continued to pull back on the issuance of export licences due to bottlenecks in its licensing system. Refined tin exports from the country plunged over 40% annually to 3,246 tonnes in May. On top of that, Jakarta doubled down on threats against the illegal mining of tin and seized 500 tonnes of metal from mines without licences.
Tin fell to 50,375 USD/T on June 29, 2026, down 0.35% from the previous day. Over the past month, Tin's price has fallen 11.08%, but it is still 49.41% 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 in September of 2022. Tin - data, forecasts, historical chart - was last updated on July 1 of 2026.
Tin fell to 50,375 USD/T on June 29, 2026, down 0.35% from the previous day. Over the past month, Tin's price has fallen 11.08%, but it is still 49.41% 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 50438.25 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 57345.93 in 12 months time.