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Daily Metal Price

 

KUALA LUMPUR TIN MARKET (KLTM)
Metal 8 Oct
9 Oct

Tin

US$17,950 US$18,050

 

Minerals & Metals Directory

The Kuala Lumpur Tin Market Weekly Review 3 – 7 Sep 2018 (10 Sep 2018)

Tin trading on the KLTM during the first trading week of September was on a downward momentum, in line with the movement of tin prices on the London Metal Exchange (LME).

Tin prices declined by US$130 per tonne over the weekend to settle at US$18,920 per tonne on Monday as demand faded. However, it was the highest price level for the trading week. They  declined further by US$120 per tonne to settle at US$18,800 per tonne on Tuesday and stayed unchanged on Wednesday and Thursday, being the lowest level for the trading week. Tin prices rebounded by US$10 per tonne to settle at US$18,810 per tonne on Friday.   

 

The total volume of tin traded during the week increased to 245 tonnes, compared to the previous week volume of 128 tonnes.  

 

Day & Date

Settling Price

Turnover (Tonnes)

Highest Bid (Tonnes)

Highest Offer (Tonnes)

Monday

3/9/18

US$18,920

43

43

91

Tuesday

4/9/18

US$18,800

32

30

80

Wednesday 5/9/18

US$18,800

64

69

64

Thursday 6/9/18

US$18,800

36

36

36

Friday 

7/9/18

US$18,810

70

76

70
 

 

 (Source: KLTM 10 September 2018) 

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