Tin (Sn) is a metal that belongs to the carbon family, which is found in Group 14 of the periodic table. It is a silvery-white colored metal that has a bluish Tint along the surface. Tin is a highly malleable and ductile material that can be commercially used to draw wires and pressed into sheets. Tin forms a film that comprises oxides when exposed to air. It can be dissolved in acids and bases and is a non-toxic material with melTing and boiling points measuring around 231.9° C and 2602° C, respectively. It is allotropic in nature and can be available in more than one form, which includes grey and white Tin.
It is extracted from cassiterite, which is a mineral that contains the natural oxide of Tin. The mineral is then processed and undergoes smelTing, from which Tin is obtained as the final product. It is widely used in both chemical and metal manufacturing industries.
Request for Real-Time Tin Prices: https://procurementresource.com/resource-center/tin-price-trends/pricerequest
The key imporTing countries for Tin are India, China, and Vietnam. On the other hand, the key imporTing countries include Vietnam, the United States, and India.
Key Details About the Tin Price Trend:
Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Tin price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.
Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.
The Tin Price trend, including India Tin price, USA Tin price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.
Industrial Uses ImpacTing Tin Price Trend:
Tin has a wider range of applications, primarily in the chemical and metal manufacturing industries. It is used in various metallic products, which include collapsible tubes, gas sensors, ceramics, food containers, steel cans, bearings, solders, etc. It is also mixed with other metals to produce alloys of Tin which are also used in commercial applications on a large scale. Alloys like soft solder, bronze, phosphor bronze, and pewter are a few of the crucial alloys made up of Tin. Niobium-Tin is used in manufacturing superconducTing magnets. Additionally, Tin is an excellent material that exhibits corrosion resistivity. Hence, it is used for coaTing commercial materials and other metals, such as steel, copper, and iron, to prevent corrosion.
Key Players:
- Umicore N.V
- American Elements
- Yunnan Tin Group Company Limited (YTC)
- PT Timah (Persero) Tbk
- Malaysia SmelTing Corporation Berhad
- Minsur S.A
- Thailand SmelTing and Refining Co., Ltd. (THAISARCO)
News & Recent Development
- Date: April 15, 2023- Indonesia plans to ban the export of Tin metal, bauxite, and cobalt, effective from June 2023.
About Us:
Procurement Resource offers in-depth research on product pricing and market insights for more than 500 chemicals, commodities, and utilities updated daily, weekly, monthly, and annually. It is a cost-effective, one-stop solution for all your market research requirements, irrespective of which part of the value chain you represent.
We have a team of highly experienced analysts who perform comprehensive research to deliver our clients the newest and most up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team tracks the prices and production costs of a wide variety of goods and commodities, hence, providing you with the latest and consistent data.
To get real-time facts and insights to help our customers, we work with a varied range of procurement teams across industries. At Procurement Resource, we support our clients, with up-to-date and pioneering practices in the industry, to understand procurement methods, supply chain, and industry trends, so that they can build strategies to achieve maximum growth.
Contact Us:
Company Name: Procurement Resource
Contact Person: Christeen Johnson
Email: sales@procurementresource.com
Toll-Free Number: USA & Canada – Phone no: +1 307 363 1045 | UK – Phone no: +44 7537 132103 | Asia-Pacific (APAC) – Phone no: +91 1203185500
Address: 30 North Gould Street, Sheridan, WY 82801, USA
