Tin Price Falls to US$28,950 per Ton on Monday, August 5, 2024

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Agus Dwi Darmawan 06/08/2024 10:55 WIB
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Three-Month Tin Contract Price Update
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The price of three-month tin commodity contracts is currently declining. Based on 56,964 monitored trading transactions, the price of three-month tin commodity contracts as of Monday, August 5, 2024, reached US$28,950 per ton.

Tin product trading is up 13.86% compared to the beginning of the year and has experienced a decrease of 0.79% year-on-year. The highest price of this commodity in 2024 was traded at US$35,350 per ton on July 11, 2024.

The average price for the year so far is US$29,830 per ton (January-August 2024 period). This is a 15.03% increase, or US$3,897.46 per ton, compared to 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."

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