Tin Prices

Tin prices averaged USD 41,370 per metric ton in December, up 11.9% from November. On 31 December, the commodity traded at USD 40,636 per metric ton, up 3.4% from 28 November.

Tin prices rose for a seventh consecutive month in December, and at the fastest pace among base metals, as supply remained weak. Mining output was capped by a slower-than-expected restart at Myanmar’s Man Maw mine—which accounts for about 8% of global output—and a recent crackdown on illegal mining in Indonesia, the world’s second largest supplier. Demand linked to AI and data-center expansion added further impetus. As a result, tin ended 2025 as one of the top-performing base metals, up about 40% from January.