Tin futures rebounded toward $27,000 per tonne, after a massive selloff that saw the commodity price tumble more than 22% to a 14-month low on concerns slowing economic growth and persistent coronavirus outbreaks in top consumer China will dampen demand. Meanwhile, China announced the ease of Covid restrictions in Shanghai and Beijing and shortened the quarantine time for inbound visitors. Tin prices remain well above pre-pandemic levels amid rising demand from the electronics sector, where tin is used for circuit board manufacturing. Elsewhere, Malaysia Smelting, one of the world’s biggest tin producers, said it will increase its production by 20% over the next couple of years.

Historically, Tin reached an all time high of 49400 in March of 2022. Tin - data, forecasts, historical chart - was last updated on June of 2022.

Tin is expected to trade at 23901.48 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 21949.03 in 12 months time.

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Tin



Price Day Month Year
Coal 394.00 1.55 0.40% -1.75% 186.03%
Bitumen 4,595.00 106.00 2.36% -0.26% 34.99%
Cobalt 71,460.00 -940 -1.30% -3.43% 56.87%
Lead 2,006.50 93.25 4.87% -7.41% -10.82%
Aluminum 2,497.00 1.50 0.06% -13.55% -1.34%
Tin 26,991.00 2401 9.76% -21.96% -13.50%
Zinc 3,343.50 25.50 0.77% -14.28% 13.52%
Nickel 22,846.00 486 2.18% -21.84% 24.99%
Molybdenum 43.50 0 0% -4.14% -13.86%
Palladium 1,867.40 -3.02 -0.16% -8.13% -30.26%
Gallium 3,175.00 -50.00 -1.55% -1.55% 49.41%
Germanium 8,800.00 0 0% 0% 15.03%
Manganese 33.50 0 0% 0% 3.88%
Indium 1,625.00 0 0% 12.46% 44.44%
Soda Ash 2,920.00 0 0% 2.46% 58.18%
Neodymium 1,190,000.00 0 0% -0.42% 104.29%
Tellurium 431.50 0 0% -0.80% -25.92%
Iron Ore 62% fe 131.01 0.08 0.06% -1.87% -39.14%
Rhodium 14,000.00 0 0% -9.09% -29.47%


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
26991.00 24590.00 49400.00 2162.75 1960 - 2022 USD/MT Daily