Tin prices averaged USD 36,963 per metric ton in November, up 2.6% from October. On 28 November, the commodity traded at USD 39,284 per metric ton, up 8.7% from 31 October.
Tin prices rose for the sixth consecutive month in November and averaged at the highest level in over three years. Expectations of a Fed interest rate cut in December fueled optimism for stronger momentum in the U.S. economy, lifting tin prices. On the supply side, Indonesia’s restrictions since October on illegal tin mining and the ongoing production halt at the Man Maw mine in Myanmar further contributed to the price increase.
This chart displays Tin (US$/mt) from 2023 to 2025.
Tin LME (prices in US$/mt, aop)
| Q1 2023 | Q2 2023 | Q3 2023 | Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tin LME | - | - | - | 24,421 | 26,200 | 32,190 | 31,661 | 30,215 | 31,782 | 32,260 | 33,988 | - |