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