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Tin Mining Industry"



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PAST EVENTS

(Organised by MCOM)

 

 

Daily Metal Price

 

KLTM
Metal 10 Jan
13 Jan

Tin

17,120
17,120
LME
Metal 9 Jan
10 Jan
Tin 17,250 17,275
Nickel
 14,125 14,050
Copper
 6,156 6,157
Aluminium 1,7711,771.5
Metal
 8 Jan
9 Jan
Silver1,8421,791
Gold 1,571.951,550.75

 

Minerals & Metals Directory

The Kuala Lumpur Tin Market Weekly Review 26 Feb – 2 Mar 2018 (5 Mar 2018)
Tin trading on the KLTM during the fourth trading week of February was somewhat flat. It stayed unchanged during the first two trading days of the week before inching up slightly during mid week.

 

The market then slid and stayed unchanged towards end of the trading week. Tin prices were in line with the somewhat flat momentum of the tin prices on the London Metal Exchange (LME).

 

Tin prices rose by US$150 per tonne over the weekend to settle at US$21,600 per tonne on Monday and stayed unchanged the following day. They then inched-up by US$100 to settle at US$21,700 per tonne on Wednesday. The local physical tin market then declined by US$150 per tonne to settle at US$21,550 per tonne on Thursday and stayed at that level on Friday.   

 

The total volume of tin traded during the week rose to 199 tonnes, 33 tonnes higher compared to the previous week volume of 166 tonnes.  

 

 

 

Day & Date

Settling Price

Turnover (Tonnes)

Highest Bid (Tonnes)

Highest Offer (Tonnes)

Monday

26/2/18

US$21,600

39

76

39

Tuesday

27/2/18

US$21,600

49

51

49

Wednesday 28/2/18

US$21,700

47

72

47

Thursday 1/3/18

US$21,550

31

36

83

Friday 

2/3/18

US$21,550

33

28

33

 

 

 (Source: KLTM 5 Mar 2018) 

 

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