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Request for Real Time Tin Prices: https://www.procurementresource.com/resource-center/tin-price-trends/pricerequest
Tin is a chemical element and post-transition metal that belongs to the family of carbon elements. The atomic number of tin is 50. It is white and shivery in appearance.
Tin is produced through mining. Cassiterite, a tin oxide, is first removed before it is refined because the ore holding the tin also contains a large number of impurities and a mixture of other components like gravel, silica, carbon, salt, fuel, limestone, or coal. When the process of refining is finished, the tin ore is concentrated to create the mineral, which is then refined further.
Tin has a melting point of 231.93 °C and a boiling temperature of 2602 °C. Tin acts as a catalyst to start a chemical reaction in a fluid that contains oxygen. To stop further oxidation, it is used to coat other metals. Tin has an atomic number of 50 and an atomic weight of 118.71 u.
The leading tin-producing countries are Indonesia, Malaysia, Peru, Singapore, and Bolivia.
Key Details About the Tin Price Trend:
Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Tin price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.
Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.
The Tin pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.
Industrial Uses Impacting Tin Price Trend:
Tin is mainly applied to metals as a polish in the industry to give them a corrosion-resistant coating. Other notable tin alloys include pewter, soft solder, bronze, and phosphor bronze. Niobium and tin are combined to create superconducting magnets.
Molten glass is floated over molten tin during the production of window glass to create a level surface. It produces electrically conductive coatings. In addition, it is used in the packaging of food, jewellery, and aerospace.
Tin chloride is used as a reducing and mordant substance. In addition, it is employed in the production of ceramics, gas sensors, and as a fire retardant in polymers.
Key Market Players:
- Umicore N.V
- American Elements
- Yunnan Tin Group Company Limited (YTC)
- PT Timah (Persero) Tbk
- Malaysia Smelting Corporation Berhad
- Minsur S.A
- Thailand Smelting and Refining Co., Ltd. (THAISARCO)
News and Events:
- December 07, 2022: By 2030, the World Tin Association estimates that there will be an increase in demand of 50,000 tons per year.
- Tin Can Price Trend – https://www.procurementresource.com/resource-center/tin-can-price-trends
- Tin Plate Price Trend – https://www.procurementresource.com/resource-center/tin-plate-price-trends
- Titanium Price Trend – https://www.procurementresource.com/resource-center/titanium-price-trends
Procurement Resource offers in-depth research on product pricing and market insights for more than 500 chemicals, commodities, and utilities updated daily, weekly, monthly, and annually. It is a cost-effective, one-stop solution for all your market research requirements, irrespective of which part of the value chain you represent.
We have a team of highly experienced analysts who perform comprehensive research to deliver our clients the newest and most up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team tracks the prices and production costs of a wide variety of goods and commodities, hence, providing you with the latest and consistent data.
To get real-time facts and insights to help our customers, we work with a varied range of procurement teams across industries. At Procurement Resource, we support our clients, with up-to-date and pioneering practices in the industry, to understand procurement methods, supply chain, and industry trends, so that they can build strategies to achieve maximum growth.
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