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Tin Reference Rate — 10-Day Trend
All prices in ₹ per gram · daily rate, updated once per day
Indonesia Is Trying the Nickel Playbook on Tin
Indonesia's government has discussed halting exports of tin ingots, pushing investors instead toward building domestic facilities that turn tin into higher-value downstream products — solder, semiconductor components — rather than shipping refined metal abroad. Officials have explicitly pointed to the country's 2020 nickel ore export ban, credited with lifting that commodity's domestic added value substantially, as the model. Today's tin reference rate is ₹4.55 per gram on September 17, 2026.
- The template: Indonesia's 2020 nickel ore export ban
- The goal: force downstream processing investment inside Indonesia
- The target: refined tin ingot exports, not raw ore
Tin Reference Rate by Weight
Today's Tin rate is Five Rupees per gram. At this rate, 10 grams of Tin costs Forty Six Rupees.
| Unit | Weight | Price (INR) | Price in Words |
|---|---|---|---|
| 1 Gram | 1.0000 g | ₹4.55 | Five Rupees |
| 8 Grams | 8.0000 g | ₹36.43 | Thirty Six Rupees |
| 10 Grams | 10.0000 g | ₹45.53 | Forty Six Rupees |
| 100 Grams | 100.0000 g | ₹455.33 | Four Hundred and Fifty Five Rupees |
| 1 Kilogram | 1,000.0000 g | ₹4,553.32 | Four Thousand Five Hundred and Fifty Three Rupees |
| 1 Ounce (oz) | 28.3495 g | ₹129.08 | One Hundred and Twenty Nine Rupees |
| 1 Troy Ounce | 31.1035 g | ₹141.62 | One Hundred and Forty Two Rupees |
| 1 Metric Ton | 1,000,000.0000 g | ₹4,553,317.00 | Forty Five Lakh Fifty Three Thousand Three Hundred and Seventeen Rupees |
Why This Is a Harder Policy Than the Nickel Ban
The nickel ban targeted raw ore — a relatively contained ask, since ore has to be smelted somewhere anyway, and requiring that smelting happen domestically simply redirected an existing processing step. Indonesia's tin situation is different: the country already exports tin in refined form. A full ban would require conjuring entirely new downstream industries — solder manufacturing, semiconductor-component production — that don't currently exist domestically at meaningful scale.
The consumption gap makes this even trickier
Indonesia reportedly consumes only a small fraction of the refined tin it produces, exporting the large majority. That imbalance means a genuine export ban would remove a huge share of current output from the market with no ready domestic buyer, a far more disruptive scenario than the nickel case, where more of Indonesia's own industry could absorb the newly-mandated domestic processing.
| Policy | Target | Domestic Consumption |
|---|---|---|
| 2020 nickel ore export ban | Raw, unprocessed ore | Substantial domestic smelting capacity existed |
| Proposed tin ingot export ban | Refined metal, already processed | Only a small fraction consumed domestically |
Tin Reference Rate — Last 10 Days
The most recent Tin price on record (2026-09-17) is Five Rupees per gram. This is up by Less than One Rupees from the previous day's rate of ₹4.53.
| Date | Price (INR/g) | Change |
|---|---|---|
| 2026-09-17 | ₹4.55 | +0.02 |
| 2026-09-16 | ₹4.53 | -0.03 |
| 2026-09-15 | ₹4.56 | -0.13 |
| 2026-09-14 | ₹4.69 | -0.04 |
| 2026-09-13 | ₹4.74 | +0.00 |
| 2026-09-12 | ₹4.73 | -0.03 |
| 2026-09-11 | ₹4.77 | -0.03 |
| 2026-09-10 | ₹4.79 | +0.02 |
| 2026-09-09 | ₹4.78 | +0.02 |
| 2026-09-08 | ₹4.76 | — |
Why Global Tin Buyers Watch This Policy Closely
Indonesia sits among the handful of countries — alongside China, Myanmar and Peru — that between them account for most of world tin supply. A policy shift of this scale in any one of those countries carries real weight for the global market, which is exactly why this remains an actively discussed, closely watched policy question rather than a settled matter. Anyone relying on Indonesian tin supply has a genuine reason to track how this actually plays out, rather than assuming the current export pattern continues indefinitely.
The comparison table and 10-day history above track tin's own price trend in that context. For a longer view, the site's own tin price history page holds real recorded data by year and month.
Indonesia Tin Policy — Common Questions
Indonesia's government has discussed plans to eventually halt exports of tin ingots, pushing investors instead to build domestic facilities that process tin into higher-value downstream products like solder and semiconductor components, rather than exporting refined metal directly.
Because the strategy is explicitly modeled on it. Indonesia's 2020 nickel ore export ban is credited by the government with boosting that commodity's domestic added value substantially, and officials have pointed to that outcome as the template for a similar approach to tin.
Indonesia's nickel ban targeted raw, unprocessed ore — a full ban on refined tin ingot is a bigger leap, since Indonesia already exports tin in refined form. Building out genuinely new downstream industries like solder and semiconductor-component manufacturing domestically is a considerably larger undertaking than simply requiring ore to be smelted before export.
By most reported figures, Indonesia consumes only a small fraction of the refined tin it produces and exports the large majority — a structural feature that makes a full export ban a much more disruptive policy than it would be for a country that already uses most of what it produces at home.
As of this page's research, it remained a proposed and actively discussed policy rather than a confirmed, implemented ban — the exact timeline and scope should be checked against current Indonesian government announcements, since policy details in this area have continued to evolve.
