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PAST EVENTS

(Organised by MCOM)

 

 

Daily Metal Price

 

KLTM
Metal 26 Feb
27 Feb

Tin

16,700
16,650
LME
Metal 25 Feb26 Feb
Tin 16,650 16,570
Nickel
 12,540 12,290
Copper
 5,663.5 5,614
Aluminium 1,6851,676.5
Metal
 24 Feb
25 Feb
Silver1,877.51,833
Gold 1,671.651,650.3

 

Minerals & Metals Directory

The Kuala Lumpur Tin Market Weekly Review 20 – 24 Mar 2017 (27 Mar 2017)

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.  

 

 

Day & Date

Settling Price

Turnover (Tonnes)

Highest Bid (Tonnes)

Highest Offer (Tonnes)

Monday

20/3/17

US$20,200

51

87

51

Tuesday

21/3/17

US$20,200

24

24

24

Wednesday 22/3/17

US$20,280

36

63

36

Thursday 23/3/17

US$20,380

35

60

35

Friday 

24/3/17

US$20,220

31

31

70
 

 

 

 (Source: KLTM 27 Mar  2017) 

 

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