Tin Price Falls to US$27,425 per Ton on Wednesday, August 2, 2023

Agus Dwi Darmawan 03/08/2023 10:46 WIB

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Tin Price Falls to US$27,425 per Ton on Wednesday, August 2, 2023

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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 as of Wednesday, August 2, 2023, reached US$27,425 per ton.

Tin product trading is up 8.83% year-to-date and has decreased by 0.32% year-on-year. The highest price for this commodity in 2023 was US$32,100 per ton, reached on January 27, 2023.

The average tin price this year is recorded at US$26,460 per ton. This is a 14.54% decrease from the previous year, which stood at US$30,960 per ton in 2022.

"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."