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 [...]
One investor seems to be buying up most of the tin traded on the LME. Sparking unease among traders, several questions are doing the rounds - are the prices being pushed up artificially? Why the big position? Who benefits?
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
A Trade department order that brought the tariff on these raw materials to zero took effect yesterday has made Japanese made steel and tin-sheets to now enter the Philippines duty-free. For full story, click here
Cash tin at the Kuala Lumpur tin market reported to have closed at US$10,200 a metric ton Monday, unchanged from the previous day. Traded volume totaled 54 tons. For full story, click here
Wednesday, May 26, 2010