Tin price seen to rice above US$20,000 level this week


  • Business Premium
  • Monday, 27 Aug 2012

KUALA LUMPUR: Tin price on the Kuala Lumpur Tin Market (KLTM) is expected to move above the US$20,000 per tonne level this week on lack of supply, dealers said.

They said tin prices are expected to climb on worries about a supply shortfall after Indonesian producers expressed their intention to halt exports because of low prices.

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