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Tin Prices Surge 40% to 420,000 Yuan Per Ton Since November Amid AI Boom

2026-06-01 10:29:20

According to Guru Club, tin prices surged to approximately 420,000 yuan per ton on June 1, up about 40% since November 2025 (from 300,000 yuan per ton), driven by growing demand from the artificial intelligence and computing industries. Tin Industry Co., Ltd. confirmed the uptick, noting that tin prices have risen over 30% this year amid tight supply-demand balance. The company, which owns domestic tin mines and produces tin ingots for sale, stated that increased tin demand stems from AI development, as tin is primarily used for soldering and computing infrastructure expansion requires more solder joints.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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GateUser-510a718d

· 50m ago

good luck

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