Tin Prices man

Tin prices averaged USD 47,324 per metric ton in March, down 2.8% from February. On 31 March, the commodity traded at USD 46,627 per metric ton, down 19.3% from 27 February.

In March, average tin prices fell for the second consecutive month, after rallying in December and January. This drop likely reflected a stronger USD and a weaker outlook for industrial production amid supply disruptions in the Middle East. Over 50% of global refined tin output is used as electronics solder, and the disruption of helium shipments through the Strait of Hormuz will likely affect electronics production; the gas is crucial in the electronics sector, as it is used for cooling and leak detection.