Tin Price Falls to US$24,800 per Ton on Tuesday, January 16, 2024

Agus Dwi Darmawan 17/01/2024 10:31 WIB

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Tin Price Falls to US$24,800 per Ton on Tuesday, January 16, 2024

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Three-Month Tin Contract Price Update

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The price of three-month tin contracts is currently declining. Based on trades monitored by Westmetall, the price of three-month tin contracts reached US$24,800 per ton on Tuesday, January 16, 2024.

Tin trading is down 2.46% compared to the beginning of the year and has fallen by 0.65% year-on-year. The highest price for this commodity in 2024 was US$25,425 per ton, reached on January 2, 2024.

The average price for the year so far is US$24,790 per ton (January-January 2024). This is down 4.41%, or US$1,144.64 per ton, from the average price of the previous year.

"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."