Tin Prices Rise to US$29,900 per Ton as of Wednesday, August 7, 2024

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Agus Dwi Darmawan 08/08/2024 11:10 WIB
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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 56,964 monitored trading transactions, the price of three-month tin contracts as of Wednesday, August 7, 2024, reached US$29,900 per ton.

Tin product trading is up 17.6% compared to the beginning of the year and has experienced a year-on-year (YoY) decrease of 0.35%. The highest price for this commodity in 2024 was US$35,350 per ton, reached on July 11, 2024.

This year's average tin price is recorded at US$29,830 per ton. This represents a 15.02% increase from the previous year's price of US$25,940 per ton in 2023.

"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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