LME Tin Spot Premium Surges to $670/Ton, Creating Tightest Squeeze Since 2023

According to LME data, tin spot premiums surged to $670 per ton above the three-month contract on Friday, marking the highest price spread since the large-scale squeeze in 2023. The sharp rally reflects supply constraints similar to those that triggered aluminum and copper market squeezes. This price gap widening represents the tightest market condition for tin in recent years, though it remains smaller than the unprecedented sustained premium of 2021.
Disclaimer: This content is for informational purposes only and does not constitute investment advice or encourage the buying or selling of crypto assets. It is intended to provide information about industry developments and is not directly related to the services offered by Gate TR. Although information obtained from third-party sources has been carefully reviewed, Gate TR assumes no responsibility for any errors or omissions. Crypto assets involve high risks and may experience significant price fluctuations. Before making any investment decisions, you should assess your financial situation and risk tolerance, conduct your own research, and make decisions independently.