Tin Price in 1977

In 1977, the price of tin averaged $10,804 per tonne, up 42.4% from the year before. This page covers the 1977 average, high, low, and year-end close, the events that moved the market, and what that tin would be worth in today's dollars.

1977 Average

$10,804

LME annual average, USD/tonne

Change vs 1976

+42.4%

from $7,586 in 1976

What happened to the tin price in 1977

Tin averaged $10,804 per tonne in 1977, climbing 42.4% from the $7,586 average of 1976. The defining story of 1977: Sharp rise as ITC buffer stock and inflation drove prices up..

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 1977 average of $10,804 equals about $57,461 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 1977?

Tin averaged $10,804 per tonne in 1977, based on World Bank and LME annual average data. That average was up 42.4% from $7,586 in 1976.

What is a 1977 tin price worth in today's dollars?

Adjusted with the US Consumer Price Index, tin's 1977 average of $10,804 works out to roughly $57,461 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 1977?

The defining story of 1977: Sharp rise as ITC buffer stock and inflation drove prices up.. Against that backdrop, the annual average climbed 42.4%, from $7,586 in 1976 to $10,804.

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.