The Kuala Lumpur Tin Market Weekly Review 10 14 Apr 2017 (17 Apr 2017)
Tin trading on the KLTM during the second trading week of April was on a downward momentum, in line with the tin trading on the London Metal Exchange (LME).

 

Tin prices declined by US$100 per tonne over the weekend to settle at US$20,200 per tonne on Monday and stayed unchanged the following day. The local physical tin market then went bearish and declined by US$220 and US$380 per tonne to settle at US$19,980 and US$19,600 per tonne on Wednesday and Thursday respectively. Tin prices then stayed unchanged to close the trading week at US$19,600 per tonne on Friday.   

 

The total volume of tin traded during the week inched-up slightly to 167 tonnes, 6 tonnes higher compared to the previous week volume of 161 tonnes.  

 

 

 

Day & Date

Settling Price

Turnover (Tonnes)

Highest Bid (Tonnes)

Highest Offer (Tonnes)

Monday

10/4/17

US$20,200

48

43

82

Tuesday

11/4/17

US$20,200

26

30

26

Wednesday 12/4/17

US$19,980

33

36

74

Thursday 13/4/17

US$19,600

40

44

87

Friday 

14/4/17

US$19,600

20

23

20

 

 

 (Source: KLTM 17 Apr  2017) 

 

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