[SMM Announcement] New Price Announcement for ‘SMM Tin 99.9% Ingot premium, FOB Singapore, USD/tonne’

Singapore, as a globally significant transshipment hub for tin ingots, holds a critical position in the global tin industry landscape. In recent years, due to policy adjustments in major producing countries and changes in global tin resource reserves, the volume of tin ingots transshipped through Singapore has fluctuated at different stages.
 

Against this industry backdrop, the Singapore Tin Ingot FOB price is of paramount importance to upstream and downstream enterprises in the global tin industry chain. In response to market changes, to meet the broad user demand for Singapore Tin Ingot FOB price discovery, and to enhance market information transparency, SMM has decided:

Starting from September 26, 2025, to publish the ‘SMM Tin 99.9% Ingot premium, FOB Singapore, USD/tonne’ price.

Price details are as follows:

- Description: SMM Tin 99.9% Ingot premium, FOB Singapore, USD/tonne
- Quality: Tin ingot with 99.9% purity, conforming to LME specification (BS EN 610:1996) and containing 200 - 300 ppm lead.
- Definition: FOB Singapore, excluding tax, premium on top of LME cash prices
- Unit: USD/tonne
- Quantity: Min 5 tonnes
- Timing: Within 2 weeks
- Payment Terms: Cash against document, telegraphic transfer, other terms normalized
- Publication: Weekly, Friday 10:30 AM Beijing Time

SMM Tin Industry Research Department
September 23, 2025