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PAST EVENTS

(Organised by MCOM)

 

 

Daily Metal Price

 

KLTM
Metal 14 Oct
15Oct

Tin

16,400
16,350
LME
Metal 11 Oct14 Oct
Tin 16,455 16,600
Nickel
 18,000 17,405
Copper
 5,763 5,718.5
Aluminium 1,7211,704.5
Metal
 10 Oct11 Oct
Silver1,7751,760
Gold 1,494.81,479.15

 

Minerals & Metals Directory

The Kuala Lumpur Tin Market Weekly Review 27 – 31 Aug 2018 (3 Sep 2018)

Tin trading on the KLTM during the final trading week of August were mostly on a mixed momentum and was in line with the movement of tin prices on the London Metal Exchange (LME).

Tin prices declined by US$20 per tonne over the weekend to settle at US$18,980 per tonne on Monday. They then rebounded by US$140 per tonne to settle at US$19,120 per tonne on Tuesday. Tin prices then softened by US$70 per tonne to settle at US$19,050 per tonne on Wednesday and stayed unchanged on Thursday as traders were unsure of the market’s direction. The local physical tin market was closed on Friday in conjunction with the National Day holiday.

 

The total volume of tin traded during the week rose to 128 tonnes, compared to the previous week volume of 118 tonnes.  

 

Day & Date

Settling Price

Turnover (Tonnes)

Highest Bid (Tonnes)

Highest Offer (Tonnes)

Monday

27/8/18

US$18,980

45

48

48

Tuesday

28/8/18

US$19,120

35

95

35

Wednesday 29/8/18

US$19,050

32

33

42

Thursday 30/8/18

US$19,050

16

16

16

Friday 

31/8/18

CLOSED

CLOSED

CLOSED

CLOSED

 

 (Source: KLTM 3 Sep 2018) 

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