Quick Conversions
Tin Reference Rate — 10-Day Trend
All prices in ₹ per gram · daily rate, updated once per day
A Metal That Genuinely Trades as an Ingot
Unlike several other industrial metals, where "ingot" is more of a colloquial catch-all than a formal trading term, tin actually is delivered as ingots on the London Metal Exchange, and has been for a long time. Today's tin reference rate is ₹4.14 per gram on November 5, 2026.
- LME ingot weight range: 12 to 30 kilograms each
- Minimum purity: 99.85% (BS EN 610:1996)
- Lot size: 5 tonnes, ±2% tolerance
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 |
What Makes an Ingot LME-Deliverable
The London Metal Exchange's tin contract is specific down to the individual ingot: each one must weigh between 12 and 30 kilograms, meet a minimum purity of 99.85% conforming to the British Standard BS EN 610:1996, and carry an indelibly marked production cast reference within its bundle. Just as important, the ingot has to come from an LME-approved brand — a smelter the exchange has specifically vetted and listed, not just any refiner claiming the right purity.
What a single ingot is actually worth
Scaled from today's rate, a 12-kilogram ingot — the minimum LME weight — comes to roughly ₹49,689.23, while a 30-kilogram ingot at the upper end works out to roughly ₹124,223.07. A full LME lot of 5 tonnes therefore represents a stack of somewhere between about 165 and 415 individual ingots, depending on where each one falls in that weight range.
| Specification | Requirement |
|---|---|
| Minimum purity | 99.85% (BS EN 610:1996) |
| Ingot weight | 12-30 kg each |
| Lot size | 5 tonnes (±2%) |
| Brand requirement | LME-approved smelter only |
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 | — |
Why the Ingot Format Has Stuck Around
Tin's long history of being cast into ingots for storage, transport and remelting into solder, alloys and tinplate predates the modern exchange system entirely — the LME's formal specification essentially codified an existing physical trading convention rather than inventing a new one. That's a genuine point of contrast with metals like nickel, where the exchange-recognized forms (cathodes, briquettes, pellets) look quite different from what a casual reader might picture when they hear "ingot."
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.
Tin Ingot Price — FAQs
Yes, genuinely so -- unlike some other industrial metals, tin's London Metal Exchange contract specifically requires delivery as ingots, each weighing between 12 and 30 kilograms, with the production cast reference indelibly marked on every ingot in a bundle.
A minimum of 99.85% purity, conforming to the British Standard BS EN 610:1996, and the ingot must be of an LME-approved brand -- meaning it comes from a smelter the exchange has specifically vetted and listed.
Scaled from today's per-gram rate of ₹4.14, a 12-kilogram ingot (the minimum LME weight) works out to roughly ₹49,689.23, while a 30-kilogram ingot (the maximum) works out to roughly ₹124,223.07, on November 5, 2026.
5 tonnes per lot, with a tolerance of plus or minus 2% -- meaning a single LME tin contract represents a stack of roughly 165 to 415 individual ingots, depending on where each one falls within the 12-30 kilogram weight range.
It largely reflects tin's specific physical handling properties and long-established industry practice -- tin has traditionally been cast into ingots for storage, transport and remelting into solder, alloys and tinplate, and the LME's contract specification simply codifies that existing physical trading convention rather than inventing a new one.
