Why are Tin Prices so high?
30-09-2026 - Over the past month, the price of tin has decreased from $54,864/t to $54,101.18/t, indicating a downward trend potentially influenced by changes in supply-demand dynamics or broader economic factors. The forecast predicts a slight increase to $54,497.93/t, a rise of $396.75/t or 0.7%, suggesting a generally stable trend with minimal risk in raw material pricing.
The forecast also highlights upward price pressure on raw materials, driven by technical data with a notable impact of $719.24/t. Key factors include Futures Curve and Calendar Effects. However, Flows data, particularly Exchange Rates, suggests downward pressure, resulting in a mixed outlook.
The October 2023 Commodity Markets Outlook reports a 2% increase in tin prices during the third quarter of 2023 due to supply disruptions, such as mine closures in Myanmar affecting China's supply. Despite this, the report anticipates a 17% decline in tin prices for 2023 compared to 2022, with an additional 4% decrease expected in 2024, citing weak economic activity in major economies. This outlook contrasts with the forecast's prediction of a price increase to $54,497.93/t in the coming month.
The forecast also highlights upward price pressure on raw materials, driven by technical data with a notable impact of $719.24/t. Key factors include Futures Curve and Calendar Effects. However, Flows data, particularly Exchange Rates, suggests downward pressure, resulting in a mixed outlook.
The October 2023 Commodity Markets Outlook reports a 2% increase in tin prices during the third quarter of 2023 due to supply disruptions, such as mine closures in Myanmar affecting China's supply. Despite this, the report anticipates a 17% decline in tin prices for 2023 compared to 2022, with an additional 4% decrease expected in 2024, citing weak economic activity in major economies. This outlook contrasts with the forecast's prediction of a price increase to $54,497.93/t in the coming month.
What is the current / spot price of Tin?
Tin Price Today
September 30, 2026
Current Price
54101.18
$/t
What is the forecast for the price of Tin?
Tin Price Forecast
September 30, 2026
1 Month Forecast
54497.93
$/t
1 Year Forecast
44226.18
$/t
What are the short-term drivers of Tin prices?
Over the 1 Month horizon the outlook is moderately bullish due to drivers such as: - The shape of the futures curve - Tin SHFE Stocks Br(None) The top contrary drivers for the 1 Month horizon are: - Seasonality trends for the prediction week of year - Movements in the Euro
What are the long-term drivers of Tin prices?
Over the 1 Year horizon the outlook is bearish due to drivers such as: - Movements in the South Korean Won - Long term price trends Br(None) The top contrary drivers for the 1 Year horizon are: - The net positions of speculators on the LME - Tin SHFE Stocks - Movements in the Japanese Yen
Will the price of Tin go up?
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1 Week
1 Month
3 Month
6 Month
1 Year
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ChAI Protect is our commodity price risk insurance offering, created to protect your company from the financial risks associated with raw material price movements.
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The Latest Tin News
ChAI Blog
The most-traded SHFE tin SN2610 contract closed at 409,590 yuan in the night session, up 0.37%, while LME tin 3M fell 1.03% to $53,786 [SMM Tin Morning News]
September 30, 2026
metal.com
Metals
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