The three -month tin contract in London Metal Exchange (LME) is cited at $ 32,300 per ton | Photo credit: Getty images
It is expected that tin prices in the global market remain high in continuous supply problems and increase demand, partly in electronic and energy sectors, analysts said.
“We maintain our tin pricing forecast by 2025 to $ 32,000/ton, and prices can fluctuate as commercial tensions cushion the demand perspective, while continuous supply problems maintain markets in the point of view,” said the BMI research agency, a Fitcher unit.
Tom Langston, a senior market analyst of the International Association of Tin, said tin prices have stabilized during the past month, stabilized by positive developments surrounding the key interruptions of the offer in Myanmar and DR Congo.
Tensions softening
“A softening of global commercial tensions, particularly between the United States and China, also helped relieve the volatility observed in base metal prices,” he said.
Currently, the three -month tin contract in the London Metal Exchange (LME) is cited at $ 32,300 per ton. The stained prices of the can, used for the protective coating in alloys, sold in the electrical and electronic sectors, in the LME ruled around $ 32,000.
The World Bank in its basic products perspective said tin prices will increase by 3 percent by 2025 year after year and 2 percent in 2026, reaching almost record nominal levels in the annual average.
Tin prices increased by 5 percent in the first quarter of 2025 compared to the fourth quarter of 2024, but fell in April in the midst of growing commercial tensions.
Hitting Chinese
“The manifestation in Q1 was fed by Conerns of supply, including an earthquake in Myanmar, an important tin producer, and the suspension of mining operations in the third largest tin mine in the world in the Democratic Republic of Congo S.
But BMI said that after almost two years of tin mining were stopped in Myanmar, the authorities declared in March 2025 that Operations in the WA state of Myanmar could be resumed, with new licenses a requirement for those who want projects in it.
“In April 2025, conversations postponed as results of an earthquake in the region, without more updates with respect to a new date,” he said.
Langston said that China Tin casting is still affected by the lack of sufficient concentrates, although tin exports of Indonesia have begun to recover after a sustained decrease in 2024.
The World Bank said that Global Tin Supply will be constantly resumed in 2025, mainly due to the growth of production in Indonesia and Myanmar, which together represent a fifth or supply of global tin. Indonesian tin shipments are expected to increase this year after the resolution of export licenses delays that limited the supply in 2024.
“The anticipated restart of the largest mine in Myanmar, closed since mid -2013, would further relieve supply limitations in the short term,” he said.
Limited pipe
However, Langston said that the oppression of raw material in China will probably persist during the second trimester, since the long -awaited mining restart in WA progresses slowly, and the impact of the Draction continued to affect Asian smells.
“In the first quarter, the demand was withdrawn as the producers of exports in front in anticipation of the US commercial barriers. However, the prognosis for the rest of the year remains significantly more uncertain. Continuous trade negotiations during the 90 -day pause on the ‘reciprocal rates of the United States’ will play a fundamental role in the configuration of this perspective,” he said.
BMI said that, on the side of consumption, global semiconductor sales seem to have begun to decrease in the back of commercial tensions. “We hope this will continue in 2026 as economic growth is hindered,” he said.
The perspective of the basic products of the World Bank said that global market conditions are expected to remain tight in the coming years, which reflects a limited pipe or new tin mining projects in development.
He projected constant growth in demand, even for semiconductors, photovoltaic panels and other energy transition technologies for metal.
Posted on May 13, 2025
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