Tin trading on the KLTM during the first trading week of August was mixed. The mixed momentum was in line with the movement of tin prices on the London Metal Exchange (LME).

Tin prices strengthened by US$140 per tonne over the weekend to settle at US$19,980 per tonne on Monday. They then strengthened further by US$120 per tonne to settle at US$20,100 per tonne on Tuesday, which was the highest price level for the trading week. Thereafter tin prices softened by US$50, US$80 and US$370 per tonne to settle at US$20,050, US$19,970 and US$19,600 pert tonne on Wednesday, Thursday and Friday respectively, with the Friday’s price being the lowest level for the trading week.   

The total volume of tin traded during the week declined to 222 tonnes, compared to the previous week volume of 235 tonnes.  

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