Tin Price Outlook, page-3

Tin making a comeback​

Tin has not been in the spotlight much, but there is now a renewed interest in the base metal, which was recently ranked as the metal most likely to be impacted by new technology. ​

It is primarily used as a solder component for electronic circuit boards and microchips — which accounts for about half of its global consumption.​

While tin demand remains steady at the moment, the growing battery market and other new disruptive technologies are expected to drive an increase in demand for the commodity. ​

The tin price has jumped over 61 per cent since January 2016 and is sitting around $US21,390 ($28,279) per tonne.​

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