Tin Price in 2002

In 2002, the price of tin averaged $4,060 per tonne, down 9.5% from the year before. This page covers the 2002 average, high, low, and year-end close, the events that moved the market, and what that tin would be worth in today's dollars.

2002 Average

$4,060

LME annual average, USD/tonne

Change vs 2001

-9.5%

from $4,484 in 2001

What happened to the tin price in 2002

Tin averaged $4,060 per tonne in 2002, down 9.5% from $4,484 the year before. The notable development of 2002: Multi-decade nominal low..

After a multi-decade low near $4,060 in 2002, the China supercycle and Indonesian supply disruptions drove tin above $14,500 by 2007, with a 2008 crisis dip.

Adjusted for inflation, tin's 2002 average of $4,060 equals about $7,274 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 2002?

Tin averaged $4,060 per tonne in 2002, based on World Bank and LME annual average data. That average was down 9.5% from $4,484 in 2001.

What is a 2002 tin price worth in today's dollars?

Adjusted with the US Consumer Price Index, tin's 2002 average of $4,060 works out to roughly $7,274 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 2002?

The defining story of 2002: Multi-decade nominal low.. Against that backdrop, the annual average fell 9.5%, from $4,484 in 2001 to $4,060.

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.