Tin is expected to lower in price by next week in the Kuala Lumpur Tin Market (KLTM). According to a dealer this is due to the fears over the fiscal problem in Europe and its after effects. This will result to a decrease of another US$100 per tonne next week.
The news article is quoted as saying:
On a Friday-to-Friday basis, the KLTM ended the week US$620 lower at US$17,680 per tonne from US$18,300 per tonne previously.
