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Daily Metal Price

 

KLTM
Metal 27 July
28 July

Tin

17,570
18,030
LME
Metal 24 July27 July
Tin 17,695 17,900
Nickel
 13,430 13,718
Copper
 6,412.5 6,425.5
Aluminium 1,654.51,661.5
Metal
 24 July 27 July
Silver2,247.52,437.5
Gold 1,902.11,936.65

 

Minerals & Metals Directory

The Kuala Lumpur Tin Market Weekly Review 17 – 21 Sep 2018 (24 Sep 2018)

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.  

 

Day & Date

Settling Price

Turnover (Tonnes)

Highest Bid (Tonnes)

Highest Offer (Tonnes)

Monday

17/9/18

CLOSED

CLOSED

CLOSED

CLOSED

Tuesday

18/9/18

US$18,940

37

40

54

Wednesday 19/9/18

US$18,900

42

42

47

Thursday 20/9/18

US$18,940

36

51

36

Friday 

21/9/18

US$19,000

50

64

50
 

 

 (Source: KLTM 24 September 2018) 

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