DEMAND TO GROW SUBSTANTIALLY
Base metals will continue to remain upbeat on positive outlook for investment in infrastructure and consumer durables, the two major users of base metals. For full story, click here
Base metals will continue to remain upbeat on positive outlook for investment in infrastructure and consumer durables, the two major users of base metals. For full story, click here
China has been bailing out its struggling domestic smelters by stockpiling metals since December. Heralding the Chinese New Year, wherein most companies and projects run overtime during the Spring Festival in order to ensure annual production plan, several firms have decided to take the long road.
The price differential between the KLTM and LME widened to US$380 from US$425. For full story, click here
Tin declined in the absence of demand from industrial users. For full story, click here
Tin prices shot up further in a narrowly mixed non-ferrous metal market here today on sustained industrial demand. For full story, click here
Tin price decreased by USD 205 per tonne and zinc price saw a dip of USD 31 per tonne. For full story, click here
The KLTM price fell by US$900 to US$10,000 per tonne from RM10,900, while LME tin dropped by US$855 to US$9,855. For full story, click here
The LME usually influences the direction of the local market in Malaysia. For full story, click here
The local tin market would also take the cue from the movements on the London Metal Exchange (LME). For full story, click here
The Kuala Lumpur Tin Market (KLTM) is expected to be higher this week with demand likely to come from Japanese, European and local traders, dealers said. For full story, click here
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