Tag Archive | "kltm"

KLTM Seen to Gain Further Strength This Week

Tuesday, September 13, 2011

Steel Guru reported the Kuala Lumpur Tin Market (KLTM) will strengthen this week buoyed by continued demand.

KLTM Closes Lower on Tuesday

Tuesday, September 6, 2011

The Star reports the tin price on the Kuala Lumpur Tin Market (KLTM) closed US$380 lower per tonne today.

Tin Price Seen to be Lower This Week

Monday, August 22, 2011

The Star reports tin on the Kuala Lumpur Tin Market (KLTM) is likely to trade lower due to renewed fears.

Tin Price at Ten-Month Low Monday on US Debt Downgrade

Monday, August 8, 2011

The Malaysia Star reports the KLTM ended trading Monday on a 10-month low of US$23,980 per tonne.

Tin Likely to Trade Lower This Week

Monday, July 25, 2011

The Malaysian Star reports tin on the Kuala Lumpur Tin Market (KLTM) is likely to trade below $28,000.

Indonesia Falls Short of Production Goal for 2010

Thursday, January 6, 2011

Tin production Indonesia fell approximately 12 percent short of its 90,000 tonne goal in 2010. The country reported having only been able to produce 78,965 tons of the metal.

Active Interest Could Spur Rally

Thursday, June 4, 2009

Commodities like tin, rubber and steel could be heading for a short-term rally in the near future bolstered by active buying interest from institutional and fund managers on most major world commodities, dealers said. Manufacturers worldwide were seen building up inventories to take advantage of the current weak US dollar, traders said. The weak greenback makes commodities attractive as a hedge against inflation.

Tin Price Likely To Be Steadier

Monday, May 18, 2009

The price of tin on the Kuala Lumpur Tin Market (KLTM) closed lower on Monday on lack of demand, dealers said. At close, the local tin price was down by US$80 to settle at US$13,650 per tonne from last Friday. The price of tin on the KLTM is likely to be steadier next week though on consistent demand from overseas buyers, dealers said. They said the metal price is likely to trade between US$13,900 per tonne and US$14,200 per tonne with the participation of European, Japanese and local traders.

Production Cutback Pumps Tin Price

Tuesday, May 12, 2009

Tin prices gained a whopping 18 per cent on the LME in the month of April, despite a huge gain in LME inventories by almost 15 per cent. Global production, however, is expected to fall 6.5 per cent by 21,000 tonnes, to 304,500 tonnes in 2009. According to the International Tin Research Institute demand for tin is expected to fall by 10.5 per cent in 2009 amid the global economic crisis. Hence, the market could be in surplus by 5,000 to 10,000 tonnes in 2009.

Price differential between KLTM and LME widened

Thursday, February 5, 2009

The price differential between the KLTM and LME widened to US$380 from US$425. For full story, click here       

Tin Price Chart
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