Tin market facing uncertainty this week

KUALA LUMPUR: The Kuala Lumpur Tin Market (KLTM) trend is expected to be uncertain this week with prices expected to hover between US$17,800 and US$18,000, dealers said.

For the week just-ended, the tin price on the KLTM dropped by US$150 to US$17,650 per tonne. It had moved as high as US$18,200 per tonne. They said the buyers would be reluctant to take heavy positions on eurozone debt crisis.