Tin Prices

Tin prices averaged USD 31,944 per metric ton in May, down 1.1% from April. On 30 May, the commodity traded at USD 30,328 per metric ton, down 2.6% from 30 April.

Improved supply hit prices for the second straight month in May. Indonesian exports surged around 130% in January–April vs the same period in 2024, as authorities concluded probes on corruption and delays in export licenses faded. The reopening of a mine in DRC in April and Myanmar’s push to restart the Man Maw mine likely tamed prices further. Still, easing trade tensions between the U.S. and China likely supported prices, with sentiment in the key U.S. semiconductor sector cooling less than expected in May.