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    market news

    Tin Likely to Trade Lower This Week

    Investing News Network
    Jul. 25, 2011 08:47AM PST
    Industrial Metals

    The 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

    For the complete market news, click here.

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