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The Kuala Lumpur Tin Market Weekly Review 2 – 6 Jan 2017 (9 Jan 2017) |
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The KLTM was closed
last Monday in conjunction with the New Year’s Day.
The tin price
remained unchanged over the weekend to settle at US$20,950 per tonne on Tuesday. The tin price rose by US$30, US$90 and US$150
on Wednesday, Thursday and Friday to settle at US$20,980, US$21,040 and US$21,100
per tonne respectively.
The
total volume of tin traded during the week stood at 199 tonnes, 62 tonnes higher
compared to the previous week volume of 137 tonnes.
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Day
& Date
|
Settling
Price
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Turnover
(Tonnes)
|
Highest
Bid (Tonnes)
|
Highest
Offer (Tonnes)
|
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Monday
2/1/17
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CLOSED
|
CLOSED
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CLOSED
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CLOSED
|
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Tuesday
3/1/17
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US$20,950
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73
|
73
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73
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Wednesday
4/1/17
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US$20,980
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35
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45
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35
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Thursday
5/1/17
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US$21,040
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40
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58
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45
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Friday
6/1/17
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US$21,100
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51
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71
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51
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(Source: KLTM, 9 Jan 2017)
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