KLTM likely to trade at US$19,950-US$20,200 this week

For the week just ended, the KLTM remained subdued and closed at US$20,030 per tonne, recording a marginal price difference with the metal price on the London Metal Exchange (LME). (File pic shows tin ingots.)

KUALA LUMPUR: Tin price on the Kuala Lumpur Tin Market (KLTM) is likely to trade between US$19,950 and US$20,200 per tonne this week, said a dealer.

He said this could be possible after the tin price breached its year-to-date high last Monday although it remained range-bound throughout last week.