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Tin Prices Rise to US$29,625 per Ton on Wednesday, February 1, 2023

Agus Dwi Darmawan 03/02/2023 09:15 WIB

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Tin Prices Rise to US$29,625 per Ton on Wednesday, February 1, 2023

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Three-Month Tin Contract Price Update

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The three-month tin contract price is currently rising after a seven-day slump from last week's high. Based on trades monitored by Westmetall, the three-month tin contract price as of Wednesday, February 1, 2023, reached US$29,625 per ton.

Tin trade is up 17.56% year-to-date and has decreased by 0.59% year-on-year. The commodity's 2023 high was traded at US$32,100 per ton on January 27, 2023.

This year's average tin price is recorded at US$28,210 per ton. This is an 8.88% decrease from the previous year's US$30,960 per ton in 2022.

Regarding tin news, the Ministry of Energy and Mineral Resources (ESDM) plans to halt tin exports in ingot form. However, exports of pure tin ingots with 99.9% stannum (Sn) content will still be permitted.

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."

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Tin Prices Rise to US$29,625 per Ton on Wednesday, February 1, 2023

Tin Prices Rise to US$29,625 per Ton on Wednesday, February 1, 2023

Tin Prices Rise to US$29,625 per Ton on Wednesday, February 1, 2023

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Tin Prices Rise to US$29,625 per Ton on Wednesday, February 1, 2023

Tin Prices Rise to US$29,625 per Ton on Wednesday, February 1, 2023

Tin Prices Rise to US$29,625 per Ton on Wednesday, February 1, 2023

Tags

Related Data

Profit of PTBA Plummeted 42.59% in 2025, Lowest in Five Years

Many Stocks Weaken, JCI Plunges 2% (Thursday, April 2, 2026)

About to be Discontinued, This is the Trend of Indonesian Aviation Fuel Imports until 2024

Indonesia and Vietnam’s Manufacturing Hit Hardest in ASEAN in March 2026

Number of Dead and Injured due to the Israeli Attack on Lebanon as of the end of March 2026

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