PRESS ROOM
Tin at new record highs
Friday 06th August '21
Tin prices have surpassed their previous record high achieved in 2011 as supply tightness is helping boost prices. Power outages in China and mining disruption in other key producing countries including Myanmar, Indonesia, Malaysia, and Rwanda have caused investors to price in near term tightness in the tin market. Tin’s demand is supported by a cyclical boost in electronics in the short term and growth in emerging technologies like renewable energy and 5G in the long term.