Tin Lowers in Kuala Lumpur Tin Market Trade
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Post by Mylene Salviejo, Tin Mylene
Post by Mylene Salviejo, Tin Mylene
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.
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