Tin Prices, Trend & Forecasts | Provided by Procurement Resource
HS Code - 800700
Molecular Weight - 118.71 g/mol
Chemical Formula - Sn
Synonyms - 7440-31-5
Currency - US$ (Data can also be provided in local currency)
Supplier Database Availability - Yes
Customization Scope - Our services can be customized as per the requirements of the customer
Post-Sale Analyst Support - 360-degree analyst support after service delivery
Region/Countries for which Data is available
Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand
Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece,
North America: United States and Canada
Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru
Africa: South Africa, Nigeria, Egypt, Algeria, Morocco
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Tin (Sn) is a white-silverish chemical element belonging to the carbon family with an atomic number 50. It is soft, malleable post-transition metal and can be obtained from the mineral cassiterite. Tin remains solid at room temperature and has a boiling point of 2602 °C and a melting point of 231.93 °C.
The leading global Tin producers are Indonesia, Malaysia, Peru, Singapore, and Bolivia.
Key Details About the Tin Price Trend:
Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Tin price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.
Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.
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The Tin price chart, pricing database, and analysis can prove valuable for the procurement managers, directors, and decision-makers to build up their strongly backed up strategic insights to attain progress and profitability in the business.
Industrial Uses Impacting Tin Price Trend:
The essential industrial utilization of Tin is as a polish to glaze metals for corrosion endurance in commodities like tin cans and is affecting its price trend. Tin alloys like pewter, soft solder, bronze, and phosphor bronze are also important; niobium-tin alloy finds application as a superconducting magnet.
Window glass is made from floating molten glass on the molten tin to get a flat surface. It is sprayed over the glass to create electrically conductive coatings. Tin chloride is a reducing agent and mordant for dyeing silk and calico. Its oxide is also used to make gas sensors and ceramics and as a fire-retardant in plastics.
Key Market Players:
Yunnan Tin Group Company Limited (YTC)
PT Timah (Persero) Tbk
Malaysia Smelting Corporation Berhad
Thailand Smelting and Refining Co., Ltd. (THAISARCO)
News and Events:
September 26, 2022- The exports of structural pipe and tube from the U.S. came around 7,778 mt down by 15.5 percent since June but rose by 16.1 percent compared to July 2021. Tube exports and structural pipes were valued at USD 9.3 million in July, corresponding to USD 10.5 million from last month and USD 7.1 million during the prior month.
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Procurement Resource offers in-depth research on product pricing and market insights for more than 500 chemicals, commodities, and utilities updated daily, weekly, monthly, and annually. It is a cost-effective, one-stop solution for all your market research requirements, irrespective of which part of the value chain you represent.
We have a team of highly experienced analysts who perform comprehensive research to deliver our clients the newest and up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team track the prices and production costs of a wide variety of goods and commodities, hence, providing you with the latest and consistent data.
To get real-time facts and insights to help our customers, we work with a varied range of procurement teams across industries. At Procurement Resource, we support our clients, with up-to-date and pioneering practices in the industry, to understand procurement methods, supply chain, and industry trends, so that they can build strategies to achieve maximum growth.
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