Tin Price in 2003
In 2003, the price of tin averaged $4,895 per tonne, up 20.6% from the year before. This page covers the 2003 average, high, low, and year-end close, the events that moved the market, and what that tin would be worth in today's dollars.
2003 Average
$4,895
LME annual average, USD/tonne
Change vs 2002
+20.6%
from $4,060 in 2002
What happened to the tin price in 2003
Tin averaged $4,895 per tonne in 2003, climbing 20.6% from the $4,060 average of 2002. The notable development of 2003: Start of the China-led commodity supercycle..
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 2003 average of $4,895 equals about $8,574 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 2003?
What is a 2003 tin price worth in today's dollars?
What moved the tin price in 2003?
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.