Tin Price | Current and Forecast
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See 4 monthly Tin price assessments covering 4 locations: United States, Europe, Southeast Asia and China. Also check Tin price history since 2007 and forecasts. The chart below is a sample of Intratec Primary Commodity Prices - subscribe now and gain access to current prices of 226 commodities, including Tin.
Data Legend. The Tin price chart shows the prices in USA Dollar per metric ton (USD/mt) as follows:
- US: Tin, United States, transaction, cif
- EUR: Tin, Europe, spot, exw, United Kingdom
- SEA: Tin, Southeast Asia, spot, fob, Indonesia
- CN: Tin, China, spot, exw
Data Use. Tin prices are provided as an annual subscription where subscribers have access to reliable pricing data of 226 commodities worldwide. To better understand data provided by Intratec Primary Commodity Prices, check the following documents: Price Assessment Basis , Commodities Specifications , Methodology , User Guide , and Glossary .
Intratec Primary Commodity Prices
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Price Dynamics. The Tin price in United States was flat during December 2018. On a year-over-year basis, Tin prices in United States decreased modestly by 1%. Meanwhile, in United Kingdom, the average price of Tin amounted to 19,300 USD per metric ton, from 19,500 USD per metric ton one year earlier. On a month-over-month basis, the Tin price in United Kingdom is 1% higher than the price one month before.
The price of Tin in China rose slightly throughout December 2018, reaching 20,900 USD per metric ton. The price in China is 0.5% higher than the average price in the previous month and 5% higher than the average price one year before. In contrast, Tin prices in Indonesia increased modestly during December 2018, reaching 20,800 USD per metric ton, which means a rise of 0.5% from the previous month’s price and a rise of 6% from the previous year’s price.
About Tin. Tin is a metallic element, with atomic number 50, a post-transition metal, member of group 14 of the periodic table. Tin figures among the oldest materials used by humans, with findings dating back to 3,500 B.C.E, with the first tin extraction mines opening around 1150 (C.E). Tin has great importance in the metal sphere, since it is an essential component in bronze, and it forms alloys with lead, copper, aluminum and others. The metal is soft, ductile and malleable, alongside its relatively low melting point, making tin an easy material to manipulate.
Since tin is produced in great quantity, it is usually shipped in railroad tank cars or by marine transportation. For its electrical conductivity, all equipment used in storage or transportation should be grounded. In storage and transportation, workers should wear personal protective equipment, besides, the workspace must ensure adequate ventilation and prevent fine dust generation as tin is a suspected carcinogen.
Raw materials and the respective production processes employed in the manufacturing of Tin are listed below.
- Tin ore (specially cassiterite concentrate + metallurgical coke (smelting)),
- Scrap metals (recovery)
The uses and applications of Tin may vary according to its specification. The main forms of Tin are special high-grade (99.99% purity); high-grade (99.95% purity); intermediate grade (99.5% purity); brass special (99% purity); prime western (98%); also in the forms of slab; wire; rolled (strips/tubing); mossy zinc; and dust powder.