Tin Price OutlookTin prices trended downwards overall in recent weeks as demand for the base metal cooled somewhat amid heightened trade war fears. On 11 May, tin traded at USD 19,821 per metric ton, which was 5.3% lower than on the same day in the previous month. Although the price was up 1.5% on a year-to-date basis, it was 5.0% lower than on the same day last year. After enjoying healthy gains throughout much of Q1, tin prices lost ground in recent weeks, largely due to softer demand dynamics. In line with the estimates released by the International Tin Association, global demand for the base metal has been weak so far this year, chiefly driven by rising headwinds in the solder sector—reflected in tumbling global semiconductor sales—which accounts for about half of the global refined tin demand. On top of that, uncertainty ahead of China-U.S. trade talks weighed on tin prices, on fears of a consequent further weakening of Chinese demand for base metals. On the supply side, prices found some support largely thanks to constrained tin exports from Indonesia, owing to the early-year tin trading suspensions imposed by the government, as well as restricted tin ore supply from Myanmar—a key supplier to China. Chinese exports of refined tin, however, surged in Q1, as companies started to clear high domestic stocks.
Tin Price History Data (USD per metric ton, aop)
Price forecasts and historical data for Energy, Metals and Agricultural Commodities.
Tin Historical Price Chart
Price forecasts and historical data for Energy, Metals and Agricultural Commodities
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