The history of the tin price
Over the last 60 years, the tin price has been subject to major fluctuations. In 1960, the metal, which is mainly used for solders, tinplate, chemicals and pigments, cost around US$2,500 per ton. The price rose, climbing to around US$17,500 per ton in the 1970s. Subsequently, there was profit-taking and the tin price returned to around US$3,500 per ton in the early 2000s. In 2011, an economic upswing saw the tin price reach a staggering US$32,000. A halving of the price followed. In May 2020, Co