Tin dealers in Malaysia expects that Kuala Lumpur Tin Market (KLTM) stays firm. According to the dealers the tin trade will likey be above US$17,300 per tonne as Malaysian and European buyers are expected to be active. One of the dealers is quoted saying: “The market was traded mostly lower this week, so we expect [...]
Continue reading "Tin Trade Above US$17,300 per Tonne at KLTM"
Thursday, May 7, 2009
Tin trade in Congo’s North and South Kivu provinces is under threat as a United Nations observer mission in Congo has intensified pressure on mineral purchasers to observe due diligence on minerals they procure. For full story, click here
Continue reading "Illegal trade has threatened tin market in Congo"
Wednesday, April 29, 2009
The global tin market is expected to be in surplus by between 5,000 and 10,000 metric tons in 2009 as a result of the sharp dip in world consumption caused by the global economic slump since the fourth quarter of 2008. For full story, click here
Continue reading "Global Tin Market will be in surplus on account of low tin prices"
Tuesday, April 28, 2009
The Kuala Lumpur Tin Market has closed lower yesterday in line with the fall on the London Metal Exchange. At the close yesterday, the price of tin on the KLTM dropped by US$280 to US$12,220 per tonne while on the London Metal Exchange, it fell US$215 to US$12,395 per tonne. For full story, click here
Continue reading "Kuala Lumpur Tin Market closed at 12,220"
Monday, April 6, 2009
The metals markets got a surge of heat with world leaders committing $1.1 trillion to combat global recession. Tin was up at $10,950 a tonne, its highest since March 11, from $10,450.
Continue reading "Tin Gets A Gentle Nudge"
Wednesday, February 18, 2009
Unlike most of the other base metals, there is no growing tin surplus. Inventories held at the London Metal Exchange now sit at 8,820 tonnes, against a 52-week high of 11,430 tonnes. The potential is that a rebound in Chinese demand, coupled with the closing of mines in Indonesia, could trigger supply shortages.
Continue reading "Tin Set To Recover"
Tuesday, February 17, 2009
Slowdown in China’s imports of major base metals would continue to remain a cause for concern in the base metals market. For full story, click here
Continue reading "China to decide on movement"
Monday, February 16, 2009
China had dominated the metals market agenda the previous week but last week all eyes were on the world’s largest economy, the United States. For full story, click here
Continue reading "All eyes on the US"
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Wednesday, May 26, 2010