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Daily Metal Price

 

KUALA LUMPUR TIN MARKET (KLTM)
Metal 11 Jan
12 Jan

Tin

US$21,460 US$21,000

 

Minerals & Metals Directory

The Kuala Lumpur Tin Market Weekly Review 6 – 10 Mar 2017 (13 Mar 2017)
Tin trading on the KLTM during the second trading week of March was rather mixed due to the uncertainty of the global economy and volatility in the commodity sector.

 

Prices slid slightly over the weekend to settle at US$19,450 per tonne on Monday before declining further by US$150 and US$50 per tonne to settle at US$19,300 and US$19,250 per tonne on Tuesday and Wednesday respectively. The local physical tin market then inched-up slightly by US$50 per tonne to settle at US$19,300 per tonne on Thursday due to a technical correction before ending the trading week lower at US$19,250 per tonne on Friday.   

 

The total volume of tin traded during the week stood at 156 tonnes, 32 tonnes higher compared to the previous week volume of 124 tonnes.  

 

 

Day & Date

Settling Price

Turnover (Tonnes)

Highest Bid (Tonnes)

Highest Offer (Tonnes)

Monday

6/3/17

US$19,450

27

27

50

Tuesday

7/3/17

US$19,300

24

24

60

Wednesday 8/3/17

US$19,250

47

47

60

Thursday 9/3/17

US$19,300

31

40

31

Friday 

10/3/17

US$13,250

27

27

57
 

 

 

 (Source: KLTM 13 Mar  2017)  

 

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