What is Tin (XSN)?
Tin is a soft silvery metal with a low melting point. This property made tin an essential material for soldering in the electronics industry — every smartphone, computer and television contains tin solder.
Tin applications
About 50% of global tin is used in solders for electronics. The rest goes to tin plating (cans), chemicals and alloys (bronze). With the growing electronics and IoT market, tin demand steadily increases.
The tin market
Tin is one of the most scarce industrial metals. Main producers are China, Indonesia and Myanmar. Reserves are declining with no major new deposits discovered, creating long-term price pressure upward.