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Tin Price in 1973

In 1973, the price of tin averaged $4,802 per tonne, up 28.4% from the year before. This page covers the 1973 average, high, low, and year-end close, the events that moved the market, and what that tin would be worth in today's dollars.

1973 Average

$4,802

LME annual average, USD/tonne

Change vs 1972

+28.4%

from $3,740 in 1972

What happened to the tin price in 1973

Tin averaged $4,802 per tonne in 1973, climbing 28.4% from the $3,740 average of 1972. The notable development of 1973: Start of 1970s commodity boom..

Tin rose steeply through the 1970s inflation era and the International Tin Council's buffer-stock support, climbing from around $3,700 to over $15,000 per tonne by 1979.

Adjusted for inflation, tin's 1973 average of $4,802 equals about $34,858 in today's dollars. The conversion uses US Bureau of Labor Statistics CPI-U annual averages, so treat it as a close approximation rather than an exact figure.

Frequently Asked Questions

What was the price of tin in 1973?
Tin averaged $4,802 per tonne in 1973, based on World Bank and LME annual average data. That average was up 28.4% from $3,740 in 1972.
What is a 1973 tin price worth in today's dollars?
Adjusted with the US Consumer Price Index, tin's 1973 average of $4,802 works out to roughly $34,858 in today's dollars, using 2025 as the CPI base year. The conversion uses BLS CPI-U annual averages, so treat it as a close approximation rather than an exact figure.
What moved the tin price in 1973?
The defining story of 1973: Start of 1970s commodity boom.. Against that backdrop, the annual average climbed 28.4%, from $3,740 in 1972 to $4,802.

Annual averages are World Bank and LME tin prices per tonne in US dollars (LME cash and settlement basis). The 1985 to 1988 values reflect the Kuala Lumpur Tin Market basis during the LME tin-trading suspension, and the 2025 figure is preliminary. Where daily data exists, the per-year high, low, and close come from MetalCharts historical data. Inflation adjustments use BLS CPI-U annual averages.