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The Kuala Lumpur Tin Market Weekly Review 8 – 12 Jan 2018 (15 Jan 2018) |
Tin trading on the KLTM during the second trading week of January was on an upward momentum due to good demand.
Tin prices remained unchanged over the weekend to settle at US$19,890 per tonne on Monday and continued to stay at that level on Tuesday. They rose by US$10, US$100 and US$110 per tonne to settle at US$19,900, US$20,000 and US$20,110 per tonne on Wednesday, Thursday and Friday respectively.
The total volume of tin traded during the week stood at 232 tonnes, 96 tonnes much higher compared to the previous week volume of 136 tonnes.
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Day & Date
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Settling Price
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Turnover (Tonnes)
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Highest Bid (Tonnes)
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Highest Offer (Tonnes)
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Monday
8/1/18
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US$19,890
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35
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38
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35
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Tuesday
9/1/18
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US$19,890
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55
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51
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55
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Wednesday 10/1/18
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US$19,900
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45
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49
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45
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Thursday 11/1/18
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US$20,000
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38
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92
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38
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Friday
12/1/18
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US$20,110
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59
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59
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61
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(Source: KLTM 15 Jan 2018)
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