Tin market facing uncertainty this week

  • Business Premium
  • Monday, 06 Aug 2012

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.

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