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Daily Metal Price

 

KUALA LUMPUR TIN MARKET (KLTM)
Metal 11 Jan
12 Jan

Tin

US$21,460 US$21,000

 

Minerals & Metals Directory

The Kuala Lumpur Tin Market Weekly Review 30 Jul – 3 Aug 2018 (6 Aug 2018)

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.  

 

 

Day & Date

Settling Price

Turnover (Tonnes)

Highest Bid (Tonnes)

Highest Offer (Tonnes)

Monday

30/7/18

US$19,980

89

139

89

Tuesday

31/7/18

US$20,100

24

116

24

Wednesday 1/8/18

US$20,050

43

43

77

Thursday 2/8/18

US$19,970

18

31

45

Friday 

3/8/18

US$19,600

48

52

95

 

 (Source: KLTM 6 August 2018) 

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