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Tin Reference Rate — 10-Day Trend
All prices in ₹ per gram · daily rate, updated once per day
One Mine, One Ban, a National-Scale Supply Shock
Few single-mine stories move a global commodity market as directly as Myanmar's tin sector has over the past two years. When authorities in the country's semi-autonomous Wa State banned mining on August 1, 2023, the shutdown eventually centered on one specific site — the Man Maw mine, described as the world's largest tin mine, which alone accounts for almost all of Wa State's tin output. Today's tin reference rate is ₹4.14 per gram on November 5, 2026.
- 2023: Wa State bans mining, August 1
- 2024: Myanmar tin output falls to ~20,000 tonnes, down nearly 50%
- 2025: Output falls further to ~12,000 tonnes, per USGS
Tin Reference Rate by Weight
Today's Tin rate is Four Rupees per gram. At this rate, 10 grams of Tin costs Forty One Rupees.
| Unit | Weight | Price (INR) | Price in Words |
|---|---|---|---|
| 1 Gram | 1.0000 g | ₹4.14 | Four Rupees |
| 8 Grams | 8.0000 g | ₹33.13 | Thirty Three Rupees |
| 10 Grams | 10.0000 g | ₹41.41 | Forty One Rupees |
| 100 Grams | 100.0000 g | ₹414.08 | Four Hundred and Fourteen Rupees |
| 1 Kilogram | 1,000.0000 g | ₹4,140.77 | Four Thousand One Hundred and Forty One Rupees |
| 1 Ounce (oz) | 28.3495 g | ₹117.39 | One Hundred and Seventeen Rupees |
| 1 Troy Ounce | 31.1035 g | ₹128.79 | One Hundred and Twenty Nine Rupees |
| 1 Metric Ton | 1,000,000.0000 g | ₹4,140,769.00 | Forty One Lakh Forty Thousand Seven Hundred and Sixty Nine Rupees |
Why Wa State Matters So Much to Myanmar's Tin Story
Most mining across Wa State actually resumed from January 2024, but Man Maw specifically stayed shut — and because that one mine accounts for roughly 95% of Wa State's tin production, its closure was functionally a near-total halt to the region's output rather than a partial disruption. Since Wa State itself supplies the overwhelming majority of Myanmar's national tin production, the effect cascaded straight through to the country-level numbers the US Geological Survey tracks.
A resumption process already underway
By early-to-mid 2025, the picture started shifting: the Wa Economic Planning Committee announced that mining and processing could resume "as soon as possible," and in April 2025 officials met with former Man Maw mine operators specifically to clarify how companies could restart operations. Whether Myanmar's output actually recovers toward its earlier levels depends on how smoothly that process plays out from here.
| Year | Tin Mine Production | Status |
|---|---|---|
| Pre-2023 | Meaningful global supplier | Man Maw operating normally |
| 2024 | ~20,000 tonnes | Down ~50%, ban in effect |
| 2025 | ~12,000 tonnes | Further decline, resumption process starting |
Tin Reference Rate — Last 10 Days
The most recent Tin price on record (2026-11-05) is Four Rupees per gram. This is up by Less than One Rupees from the previous day's rate of ₹4.13.
| Date | Price (INR/g) | Change |
|---|---|---|
| 2026-11-05 | ₹4.14 | +0.01 |
| 2026-11-04 | ₹4.13 | -0.15 |
| 2026-11-03 | ₹4.28 | +0.06 |
| 2026-11-02 | ₹4.22 | -0.08 |
| 2026-11-01 | ₹4.30 | 0.00 |
| 2026-10-31 | ₹4.30 | -0.06 |
| 2026-10-30 | ₹4.36 | -0.12 |
| 2026-10-29 | ₹4.48 | +0.03 |
| 2026-10-28 | ₹4.45 | +0.04 |
| 2026-10-27 | ₹4.41 | — |
What This Means for the Rest of the Tin Market
Myanmar's decline hasn't been offset by equivalent growth elsewhere — China and Indonesia, the world's two largest tin producers, held output roughly steady through the same period rather than ramping up to fill the gap. That combination of one country's sharp supply loss and steady production everywhere else is consistent with the genuine price strength seen in 2025's international tin benchmarks, even though global mine production stayed nearly flat overall.
The comparison table and 10-day history above track tin's own price trend. For a longer view, the site's own tin price history page holds real recorded data.
Myanmar Tin Mining — FAQs
Authorities in Myanmar's semi-autonomous Wa State imposed a mining ban on August 1, 2023. Most mining in the region resumed from January 2024, but the Man Maw mine -- which accounts for almost all of Wa State's tin output and has been described as the world's largest tin mine -- remained shut for an extended period afterward.
Substantially. Myanmar's tin mine output fell to an estimated 20,000 tonnes in 2024, down nearly 50% from the prior year, and fell further to about 12,000 tonnes in 2025, according to the US Geological Survey -- a steep decline for a country that had been a significant global supplier.
Extremely significant -- Wa State has accounted for around 95% of Myanmar's total tin production, making the Man Maw mine's shutdown effectively a national-scale supply event rather than a regional one.
As of early-to-mid 2025, Wa authorities were preparing to lift the ban -- the Wa Economic Planning Committee announced mining and processing could resume "as soon as possible," and officials met with former Man Maw mine operators in April 2025 to clarify the process for resuming operations. Whether and how quickly production actually recovers depends on how that resumption process plays out.
It's a genuine contributing factor. Global tin benchmarks rose meaningfully in 2025 -- the LME cash price up 10% and the New York dealer price up 13%, according to USGS -- even as overall world mine production stayed roughly flat, with China and Indonesia's output holding steady while Myanmar's fell sharply. That combination points to Myanmar's disruption as a real driver of the tighter market, alongside whatever other demand and supply factors were also in play.
