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Daily Metal Price

 

KLTM
Metal 1 June
2 June

Tin

15,400
-
LME
Metal 29 May1 June
Tin 15,602 15,842
Nickel
 12,120 12,418
Copper
 5,332.5 5,376.5
Aluminium 1,5151,511.5
Metal
  28 May
29 May
Silver1,7341,759
Gold 1,717.351,728.7

 

Minerals & Metals Directory

The Kuala Lumpur Tin Market Weekly Review 5 – 9 Mar 2018 (12 Mar 2018)

Tin trading on the KLTM during the first trading week of March was mostly on a downward momentum. It declined most of the days during the trading week before closing the week flat. The downward momentum was due to low demand and in line with the downward momentum of the tin prices on the London Metal Exchange (LME).

 

Tin prices remained unchanged over the weekend to settle at US$21,550 per tonne on Monday. They then declined by US$30, US$120 and US$50 per tonne to settle at US$21,520, US$21,400 and US$21,350 per tonne on Tuesday, Wednesday and Thursday respectively. The local physical tin market then stayed unchanged to close the trading week at US$21,350 per tonne on Friday.   

 

The total volume of tin traded during the week rose to 202 tonnes, 3 tonnes higher compared to the previous week volume of 199 tonnes.  

 

 

Day & Date

Settling Price

Turnover (Tonnes)

Highest Bid (Tonnes)

Highest Offer (Tonnes)

Monday

5/3/18

US$21,550

25

20

25

Tuesday

6/3/18

US$21,520

17

15

22

Wednesday 7/3/18

US$21,400

45

45

76

Thursday 8/3/18

US$21,350

50

55

50

Friday 

9/3/18

US$21,350

65

70

65

 

 (Source: KLTM 12 Mar 2018) 

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