Tin Price in 2016
In 2016, the price of tin averaged $17,934 per tonne, up 11.6% from the year before. This page covers the 2016 average, high, low, and year-end close, the events that moved the market, and what that tin would be worth in today's dollars.
2016 Average
$17,934
LME annual average, USD/tonne
Change vs 2015
+11.6%
from $16,067 in 2015
What happened to the tin price in 2016
Tin averaged $17,934 per tonne in 2016, up 11.6% from $16,067 the year before.
Tin reached a post-crisis high near $26,000 in 2011 on tight supply, then traded volatile through the decade as electronics demand and Indonesian and Myanmar supply swung the market.
Adjusted for inflation, tin's 2016 average of $17,934 equals about $24,084 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 2016?
What is a 2016 tin price worth in today's dollars?
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.