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Gallery
 
Malaysian
International
 

 KLTM
                 02 Feb
03 Feb
 Tin24,200n.y.a
 LME
 01 Feb02 Feb
 Tin24,060
24,100
 Nickel 20,870
20,905
 Copper 8,351.5
8,339
 Gold1,740
n.y.a
 Silver 3,380
3,367
 Aluminium2,219.52,201
 Steel(billets)535n.y.a
In tonnes except gold & silver in troy oz
Minerals & Metals Directory
Kuala Lumpur Tin Market Weekly Review 03 – 07 May (10May10)
Tin prices at the KLTM continued its decline during the week.   The tin price opened almost unchanged at US$18,250 per tonne on Monday and inched up slightly to US$18,280 per tonne on Tuesday.  Thereafter prices slid continuously, falling below the US$18,000 per tonne level for the first time since March 2010 to end the week at US$17,680 per tonne on Friday. 

 

The weak sentiment was in line with the downtrend in the price of the metal on the London Metal Exchange (LME) and was also due to retracement of gains on earlier short covering activities.


Turnover for the week was 266 tonnes, 77 tonnes less than the previous week.


(Source: KLTM 03 May 2010)

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