Global price of Tin
PTINUSDQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
32,263.97
Year-over-Year Change
-12.73%
Date Range
1/1/1990 - 4/1/2025
Summary
The global price of tin, as measured by the PTINUSDQ series, is an important economic indicator that tracks the international market value of this critical industrial metal.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
Tin is a widely-used base metal with applications in electronics, construction, and other industries. The PTINUSDQ series reflects the spot price of refined tin in U.S. dollars per metric ton, providing insight into global supply and demand dynamics for this globally-traded commodity.
Methodology
The PTINUSDQ series is calculated based on daily spot market prices for refined tin reported by the London Metal Exchange.
Historical Context
Tin prices are closely monitored by economists, policymakers, and market analysts as a barometer of industrial activity and global trade.
Key Facts
- Tin is a vital metal for electronics and construction.
- Global tin production is concentrated in a few countries.
- Tin prices have been volatile in recent years.
FAQs
Q: What does this economic trend measure?
A: The PTINUSDQ series measures the global spot market price of refined tin, an important industrial metal, in U.S. dollars per metric ton.
Q: Why is this trend relevant for users or analysts?
A: Tin prices are a key indicator of global industrial activity and trade, making this trend highly relevant for economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The PTINUSDQ series is calculated based on daily spot market prices for refined tin reported by the London Metal Exchange.
Q: How is this trend used in economic policy?
A: Tin prices are closely monitored by policymakers and central banks as a barometer of global industrial production and trade dynamics.
Q: Are there update delays or limitations?
A: The PTINUSDQ series is updated daily, with some potential for short lags in reporting, and may be subject to revisions over time.
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Citation
U.S. Federal Reserve, Global price of Tin (PTINUSDQ), retrieved from FRED.