Tin futures eased to around $38,500 a tonne at the end of November, slipping from a 5-month high of $39,960 touched on November 24th, after a new and possibly vaccine-resistant coronavirus variant was detected in South Africa raised concerns about the global economic recovery and dented risk sentiment. Still, the tin prices have recently been hit by tight supplies and strong demand for metal in the environmental and sustainability landscape, particularly in photovoltaic installations, electric vehicles, and electronics. China, the top producer, closed a land port with the biggest importer Myanmar on the back of surging COVID cases. Meanwhile, inventories at both LME exchange and ShFe hovered near multi-year lows.