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Tin Likely to Trade Lower This Week
Jul. 25, 2011 08:47AM PST
Tin InvestingThe Malaysian Star reports tin on the Kuala Lumpur Tin Market (KLTM) is likely to trade below $28,000.
The Malaysian Star reports tin on the Kuala Lumpur Tin Market (KLTM) is likely to trade below $28,000.
The market news is quoted as saying,
On a Friday-to-Friday basis, the tin price rose US$680 to US$27,980 per tonne from US$27,300 per tonne. The weekly turnover fell to 231 tonnes from 256 tonnes while the premium between the KLTM and the LME narrowed to US$85 per tonne from US$255 per tonne previously. – Bernama
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