Tin prices averaged USD 55,360 per metric ton in August, up 4.5% from July. On 31 August, the commodity traded at USD 54,864 per metric ton, down 0.1% from 31 July.
Tin prices rebounded in August and are now up around a third year to date—the largest increase among all the base metals we track in our report—and more than double their average over the past decade. Prices continued to benefit from rising demand from the AI sector, as tin is used as a solder in semiconductors and other types of electronics.
This chart displays Tin (US$/mt) from 2024 to 2026.
Tin LME (prices in US$/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 | - | - | - | - | - | - | 31,661 | 30,215 | 31,782 | 32,260 | 33,988 | 38,167 |