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.  

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