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The Kuala Lumpur Tin Market Weekly Review 20 – 24 Feb 2017 (27 Feb 2017) |
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The KLTM prices slid
slightly over the weekend to settle at US$19,650 per tonne on Monday before rebounding
substantially by US$200 to settle at US$19,850 per tonne on Tuesday.
Thereafter,
the tin price declined by US$100, US$450 and US$250 per tonne to settle at
US$19,750, US$19,300 and US$19,050 per tonne on Wednesday, Thursday and Friday
respectively.
The
total volume of tin traded during the week stood at 167 tonnes, 37 tonnes lower
compared to the previous week volume of 204 tonnes.
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Day
& Date
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Settling
Price
|
Turnover
(Tonnes)
|
Highest
Bid (Tonnes)
|
Highest
Offer (Tonnes)
|
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Monday
20/2/17
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US$19,650
|
43
|
43
|
70
|
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Tuesday
21/2/17
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US$19,850
|
27
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97
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27
|
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Wednesday
22/2/17
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US$19,750
|
39
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39
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75
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Thursday 23/2/17
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US$19,300
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22
|
22
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158
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Friday
24/2/17
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US$19,050
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36
|
38
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121
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(Source: KLTM 27 Feb 2017)
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