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Tin Price in 1984

In 1984, the price of tin averaged $12,233 per tonne, down 5.8% from the year before. This page covers the 1984 average, high, low, and year-end close, the events that moved the market, and what that tin would be worth in today's dollars.

1984 Average

$12,233

LME annual average, USD/tonne

Change vs 1983

-5.8%

from $12,988 in 1983

What happened to the tin price in 1984

Tin averaged $12,233 per tonne in 1984, down 5.8% from $12,988 the year before. The notable development of 1984: Market weakening; ITC borrowing to defend the floor..

Tin peaked near $16,800 in 1980, then the 1985 collapse of the International Tin Council's buffer stock triggered a default and a suspension of LME tin trading that halved the price.

Adjusted for inflation, tin's 1984 average of $12,233 equals about $37,947 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 1984?
Tin averaged $12,233 per tonne in 1984, based on World Bank and LME annual average data. That average was down 5.8% from $12,988 in 1983.
What is a 1984 tin price worth in today's dollars?
Adjusted with the US Consumer Price Index, tin's 1984 average of $12,233 works out to roughly $37,947 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 1984?
The defining story of 1984: Market weakening; ITC borrowing to defend the floor.. Against that backdrop, the annual average fell 5.8%, from $12,988 in 1983 to $12,233.

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.