Tin trading on the KLTM during the fourth trading week of March was on an upward momentum supported by high demand and in line with the upward momentum of the tin prices on the London Metal Exchange (LME).

Tin prices strengthened over the weekend to settle at US$20,200 per tonne on Monday and stayed unchanged on Tuesday. They then strengthened further by US$80 and US$100 per tonne to settle at US$20,280 and US$20,380 per tonne on Wednesday and Thursday respectively. The local physical tin market then closed the trading week lower at US$20,220 per tonne on Friday due to a technical correction.   

The total volume of tin traded during the week stood at 177 tonnes, 18 tonnes lower compared to the previous week volume of 195 tonnes.  

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