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Gallery
 
Malaysian
International
 

 KLTM
                 18 May21 May
 Tin19,35019,850
 LME
 17 May18 May
 Tin19,450
19,400
 Nickel 16,910
17,105
 Copper 7,708
7,795.5
 Gold1,554
n.y.a
 Silver 2,748
2,848
 Aluminium1,987.5
2,016.5
 Steel(billets)475.5n.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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