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Tin Price in 2020

In 2020, the price of tin averaged $17,125 per tonne, down 8.2% from the year before. This page covers the 2020 average, high, low, and year-end close, the events that moved the market, and what that tin would be worth in today's dollars.

2020 Average

$17,125

LME annual average, USD/tonne

Change vs 2019

-8.2%

from $18,661 in 2019

What happened to the tin price in 2020

Tin averaged $17,125 per tonne in 2020, down 8.2% from $18,661 the year before. The notable development of 2020: COVID low: dipped to ~$14,950 in April 2020 before rebounding..

After a COVID low near $17,000, a post-pandemic electronics and solder squeeze pushed tin to record annual averages above $31,000 in 2021-2022, with an intraday high near $51,000, and supply tightness from Myanmar and Indonesia carried into 2024-2025.

Adjusted for inflation, tin's 2020 average of $17,125 equals about $21,327 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 2020?
Tin averaged $17,125 per tonne in 2020, based on World Bank and LME annual average data. That average was down 8.2% from $18,661 in 2019.
What is a 2020 tin price worth in today's dollars?
Adjusted with the US Consumer Price Index, tin's 2020 average of $17,125 works out to roughly $21,327 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 2020?
The defining story of 2020: COVID low: dipped to ~$14,950 in April 2020 before rebounding.. Against that backdrop, the annual average fell 8.2%, from $18,661 in 2019 to $17,125.

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.