Tin trading on the KLTM during the second trading week of March was mostly on a downward momentum. However, it managed to inch-up slightly during the second trading day before declined towards end of the trading week. 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 declined by US$20 per tonne over the weekend to settle at US$21,330 per tonne on Monday. They then inched up by US$20 per tonne to settle at US$21,350 per tonne on Tuesday before declining by US$130, US$50 and US$120 per tonne to settle at US$21,220, US$21,170 and US$21,050 per tonne on Wednesday, Thursday and Friday respectively.   

The total volume of tin traded during the week declined to 159 tonnes, 43 tonnes lower compared to the previous week volume of 202 tonnes.  

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