Tin Prices to Rise Further as Indonesia Plans to Stop Exports

Published: Nov 29, 2021 13:45

Save

It is reported that Jakarta stated that it would stop the export of refined tin from 2024.

SHANGHAI, Nov 29 – It is reported that Jakarta stated that it would stop the export of refined tin from 2024.

The tin prices surged to a record high at $40,000/mt last Wednesday, and the prices are expected to stand firm in the coming weeks, as Indonesia plans to stop the export of welded metal from 2024 in order to attract investment in downstream industries.

Due to tight supply and strong demand from sustainable industries such as the solar energy, electric vehicle and electronics, the prices of gold hit a new high this month as well.

tin price

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

Feb 6, 2026 16:14

Data: SHFE, DCE market movement (Feb 06)

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 06 Feb , 2026

Feb 6, 2026 16:14

Feb 6, 2026 11:59

The Most-Traded SHFE Tin Contract Opened Lower and Then Traded Stronger, Spot Market Recovers Amid Downtrend [SMM Tin Midday Review]

[SMM Tin Midday Review: The Most-Traded SHFE Tin Contract Opened Lower and Then Traded Stronger, Spot Market Recovers Amid Downtrend]

Feb 6, 2026 11:59

Feb 6, 2026 08:49

The most-traded SHFE tin contract fluctuated rangebound during the night session, with downstream enterprises mostly following up with small-lot transactions. [SMM Tin Morning Brief]

[SMM Tin Morning Brief: The Most-Traded SHFE Tin Contract Fluctuated Rangebound During the Night Session, Downstream Enterprises Mostly Followed Up with Small-Lot Transactions]

Feb 6, 2026 08:49