Tuesday, 08 June 2021
Publication
Entering the beginning of June, the ICDX's tin price was observed to be staying above the level of $30,000 per ton. The recovering of the global industrial and manufacturing activity played a role in driving demand, especially for the electronic product sector, which uses a lot of tin in its applications. In addition, the resurgent Covid-19 case in Asia has limited global tin supply, due to around 70% of global tin supply comes from Asia.