Tin Price in 2007

In 2007, the price of tin averaged $14,537 per tonne, up 65.6% from the year before. This page covers the 2007 average, high, low, and year-end close, the events that moved the market, and what that tin would be worth in today's dollars.

2007 Average

$14,537

LME annual average, USD/tonne

Change vs 2006

+65.6%

from $8,781 in 2006

2007 High

$17,388

from daily trading data

2007 Low

$10,105

from daily trading data

Year-End Close

$16,282

last trading day of 2007

What happened to the tin price in 2007

Tin averaged $14,537 per tonne in 2007, surging 65.6% from the $8,781 average of 2006. Annual moves of that size are rare and put 2007 among the most explosive years in the metal's modern history. Daily trading data shows tin moved between a low of $10,105 and a high of $17,388 during the year, ending 2007 at $16,282. The defining story of 2007: Supply disruptions (Indonesia) plus supercycle demand..

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 2007 average of $14,537 equals about $22,601 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 2007?

Tin averaged $14,537 per tonne in 2007, based on World Bank and LME annual average data. Daily prices ranged from a low of $10,105 to a high of $17,388, and the year closed at $16,282. That average was up 65.6% from $8,781 in 2006.

What is a 2007 tin price worth in today's dollars?

Adjusted with the US Consumer Price Index, tin's 2007 average of $14,537 works out to roughly $22,601 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 2007?

The defining story of 2007: Supply disruptions (Indonesia) plus supercycle demand.. Against that backdrop, the annual average climbed 65.6%, from $8,781 in 2006 to $14,537.

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.