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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 26 – 30 April (03May10)
Tin prices at the KLTM started to show some weakening during the week although still remaining above the US$18,000 per tonne level.  The tin price opened strongly at US$19,000 per tonne on Monday and rose slightly to US$19,150 per tonne on Tuesday.

 

However, the tin price plunged US$1,000 per tonne on Wednesday to US$18,150 per tonne amidst concerns over the Greece sovereign debt crisis and economic prospects.  It remained at US$18,150 per tonne on Thursday before recovering slightly to close the week at US$18,300 per tonne on Friday.  Heavy buying amounting to 113 tonnes was noted on Friday.


Turnover for the week was 343 tonnes, little changed from the previous week.


(Source: KLTM 03 May 2010)

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