Benchmark: LME cash tin, in-warehouse. The same tonne prices differently by origin — freight, quality, sanctions and policy set the differential. Deep dive →
| Origin | Basis | Price | vs benchmark | Market note |
|---|---|---|---|---|
🌐 LME warehouses Global · terminal market | In-warehouse | 39,800.00 | Benchmark | Global reference |
🇺🇸 US delivered USA · premium | Delivered premium | 40,220.00 | +420.00 (+1.1%)widening | Solder demand; delivered premium |
🇨🇳 Yunnan (SHFE) China · top refiner | Ex-works China | 39,200.00 | -600.00 (-1.5%)stable | Yunnan Tin — moves on the SHFE-LME arb |
🇮🇩 Indonesia (ICDX FOB) Indonesia · export-licence bound | FOB via ICDX | 39,550.00 | -250.00 (-0.6%)widening | Bangka-Belitung; export permits swing supply |
🇲🇲 Myanmar concentrate Myanmar · Wa State | Feed to China | 38,900.00 | -900.00 (-2.3%)widening | Mine suspensions in Wa State swing Chinese TCs |
🇨🇩 DRC / artisanal DR Congo · 3TG scrutiny | FOB payable | 39,100.00 | -700.00 (-1.8%)narrowing | Provenance and compliance priced as a discount |
Differentials are indicative desk assessments over the live benchmark — 90-day spread trend shown per origin.
Track physical flows on the live vessel map →Indicative term structure · Backwardation
Converted from 39,800.00 USD/t · indicative FX
Tin is traded in the base metals segment, with price discovery referenced against LME. The chart above shows the trailing indicative price path. Physical parcels of Tin can be sourced or placed through the Off Market desk, listed openly on the Marketplace, or intermediated by a specialist broker.
Continued official-sector accumulation and a softer rate outlook have kept bullion firm, with silver and platinum tracking the move higher.
Robust West Africa bauxite and Brazilian ore cargoes tightened Capesize availability, lifting time-charter equivalents across key routes.
Long-term contracting activity picked up as reactors secure future supply, keeping U3O8 sentiment constructive despite thin spot volumes.
Seaborne 44% ore found a footing as Chinese alloy demand stabilised, with South African and Australian tonnes competing on freight.