Tin Price OutlookTin prices were volatile in recent weeks but started May at a broadly similar level compared to a month earlier. On 11 May, tin traded at USD 20,865 per metric ton. The figure was down 0.9% from the same day last month but was 3.8% higher on a year-to-date basis. Furthermore, it was up 4.7% from the same day last year. Amid growing global supply concerns, tin prices briefly jumped in the second half of April to near the levels last seen at the end of January, when prices hit a four-year high on the London Metal Exchange (LME). Despite easing in subsequent weeks, prices remained elevated as tin stock levels on the LME continued to be mainly anchored around record lows. Meanwhile, a sustained supply gap in China also continued to support global tin prices. Prices then moderated into mid-March, before largely stabilizing around the USD 21,000 per metric ton mark since, with the notable exception of April’s spike, as demand- and supply-side pressures broadly balanced out.
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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