Tin prices surged 40% in half a year to 420k–420k per ton; AI compute power demand is the real driving force. Tin Industry Shares is “lying flat and winning” this round, but it doesn’t touch the end user—this is a typical “selling water” playbook.

June 1st, tin industry concept stocks rose against the trend, with tin prices increasing from November 2025 to now to approximately 420k yuan/ton, a roughly 40% increase over half a year, reaching a historical high. The rapid development of artificial intelligence and computing power industries has driven increased demand for tin, with supply and demand in a tight balance. Tin Industry Co., Ltd. states that its own tin mines are located domestically, and its revenue comes from tin ingot sales, mainly obtaining relevant demand information through industry organizations, and not directly participating in end-user applications.