KL tin market expected to continue uptrend this week

The Star online reports that the Kuala Lampur tin market expects that, through this week, tin prices will continue on an upward swing,  trading at $27,500 US/tonne.

The story is quoted as saying:

A dealer said prices would be firmer on the back of strong fundamentals and a weak US currency. “There is a shortfall in supply and demand currently. With the weather conditions in China and Indonesia, this weak supply deficit will be more than expected,” the dealer said.

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