Tin Prices Rise to US$27,360 per Ton on Thursday, January 12, 2023

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Agus Dwi Darmawan 14/01/2023 09:24 WIB

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Tin Prices Rise to US$27,360 per Ton on Thursday, January 12, 2023

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Three-Month Tin Contract Price Update

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The price of three-month tin commodity contracts is currently rising. Based on trade transactions monitored by Westmetall, the price of three-month tin commodity contracts as of Thursday, January 12, 2023, reached US$27,360 per ton.

Tin product trading is up 8.57% compared to the beginning of the year and has experienced a year-on-year (YoY) decrease of 0.48%. The highest price of this commodity in 2023 was traded at US$27,360 per ton, which occurred on January 12, 2023.

Throughout this year, the average tin price was recorded at US$25,800 per ton. This tin price has fallen 16.66% from the previous year, which was at US$30,960 per ton in 2022.

Regarding tin news, the Ministry of Energy and Mineral Resources (ESDM) plans to stop tin exports in the form of ingots or bars. However, exports of pure tin bars with 99.9% stannum (Sn) content will still be permitted.

"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$27,360 per Ton on Thursday, January 12, 2023

Tin Prices Rise to US$27,360 per Ton on Thursday, January 12, 2023

Tin Prices Rise to US$27,360 per Ton on Thursday, January 12, 2023

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Tin Prices Rise to US$27,360 per Ton on Thursday, January 12, 2023

Tin Prices Rise to US$27,360 per Ton on Thursday, January 12, 2023

Tin Prices Rise to US$27,360 per Ton on Thursday, January 12, 2023

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