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Tin Prices Rise to US$26,000 per Ton as of Wednesday, March 29, 2023

Agus Dwi Darmawan 30/03/2023 10:24 WIB

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Tin Prices Rise to US$26,000 per Ton as of Wednesday, March 29, 2023

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Three-Month Tin Contract Price Update

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The price of three-month tin contracts is currently rising. Based on trades monitored by Westmetall, the price of three-month tin contracts reached US$26,000 per ton on Wednesday, March 29, 2023.

Tin trading is up 3.17% year-to-date and down 0.64% year-on-year. The highest price for tin in 2023 was US$32,100 per ton, reached on January 27, 2023.

The average tin price this year is US$26,410 per ton. This is a 14.69% decrease from the previous year's price of US$30,960 per ton in 2022.

Regarding the latest information on tin, the government plans to increase the currently flat 3% tin royalty rate. The increase will be implemented progressively, and the specific figures are currently under discussion with industry players.

"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$26,000 per Ton as of Wednesday, March 29, 2023

Tin Prices Rise to US$26,000 per Ton as of Wednesday, March 29, 2023

Tin Prices Rise to US$26,000 per Ton as of Wednesday, March 29, 2023

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Tin Prices Rise to US$26,000 per Ton as of Wednesday, March 29, 2023

Tin Prices Rise to US$26,000 per Ton as of Wednesday, March 29, 2023

Tin Prices Rise to US$26,000 per Ton as of Wednesday, March 29, 2023

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