Tin Price Falls to US$25,110 per Ton on Thursday, August 31, 2023

Agus Dwi Darmawan 01/09/2023 10:17 WIB

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Tin Price Falls to US$25,110 per Ton on Thursday, August 31, 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 reached US$25,110 per ton on Thursday, August 31, 2023.

Tin trading is down 0.36% compared to the beginning of the year and has experienced a year-on-year (YoY) decline of 0.16%. 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$26,410 per ton. This is a 14.69% 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."