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NTC 2019

 "Revitalising the Malaysian

Tin Mining Industry"



MIA 2020


4th Global Bauxite Conference
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PAST EVENTS

(Organised by MCOM)

 

 

Daily Metal Price

 

KLTM
Metal 10 Jan
13 Jan

Tin

17,120
17,120
LME
Metal 9 Jan
10 Jan
Tin 17,250 17,275
Nickel
 14,125 14,050
Copper
 6,156 6,157
Aluminium 1,7711,771.5
Metal
 8 Jan
9 Jan
Silver1,8421,791
Gold 1,571.951,550.75

 

Minerals & Metals Directory

The Kuala Lumpur Tin Market Weekly Review 6 – 10 Jan 2020 (10 Jan 2020)

Tin trading on the KLTM during the second trading week of January was on an upward momentum, with tin prices increasing almost throughout the week but softened as the week ended due to a technical correction.

 

Tin prices declined by US$250 over the weekend to settle at US$16,840 per tonne on Monday and stayed unchanged on Tuesday. Thereafter, they rose by US$120 and US$240 per tonne to settle at US$16,960 and US$17,200 per tonne on Wednesday and Thursday respectively. Tin prices softened by US$80 per tonne to close the trading week at US$17,120 per tonne on Friday.   

 

The upward momentum was due to strong buying support especially from Japanese and European traders.

 

The total volume of tin traded during the week increased to 96 tonnes, compared to the previous week volume of 65 tonnes.  

 

 

Day & Date

Settling Price

Turnover (Tonnes)

Highest Bid (Tonnes)

Highest Offer (Tonnes)

Monday

6/1/2020

US$16,840

19

24

83

Tuesday

7/1/2020

US$16,840

18

18

18

Wednesday 8/1/2020

US$16,960

17

72

17

Thursday 9/1/2020

US$17,200

20

70

20

Friday 

10/1/2020

US$17,120

22

29

67
 

 

 

 (Source: KLTM 17 Jan 2020)  

 

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