From the International Tin Association
16 Jan 2025
Dear readers,
The LME 3-month tin contract closed at $29,275 on Wednesday, slipping from the early January boost to prices. This week’s release of Indonesia’s export volumes places the 2024 total just under 46,000 t, a 33% decrease from the previous year. Exports have resumed, albeit muted, signaling the new licensing regime may have reduced the usual seasonal disruption. Chinese sentiment is weakening slightly, with pre-Spring Festival downstream stocking believed to be largely complete, and perceptions of a recovering tin supply later this year. While 2024 tested supply chain resilience, 2025 will likely see a gradual resumption of tin mining in Wa and stronger Indonesian output while demand continues to recover, bringing the market towards balance.Freddie Mitchell - Market Analyst
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Open | High | Low | Value | Volume |
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Price($) | Vol. | No. |
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