Tin trading on the KLTM during the third trading week of September were mixed, in line with the movement of the tin price on the London Metal Exchange (LME).

The local physical tin market was closed on Monday in conjunction with the Malaysia Day holiday. The market reopened on Tuesday at US$18,940 per tonne, lower by US$30 per tonne compared to the previous week’s closing price. It then declined further by US$40 per tonne to settle at US$18,900 per tonne on Wednesday before rebounding by US$40 per tonne to settle at US$18,940 per tonne on Thursday. The tin price strengthened further by US$60 per tonne to close the trading week at US$19,000 per tonne on Friday.     

The total volume of tin traded during the week increased to 165 tonnes, compared to the previous week volume of 156 tonnes.  

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