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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.
“Other than that, traders were wary of the new Covid-19 strain found in the United Kingdom, thus investors are cautious and have limited appetite on the metal and others alike, ” he told Bernama. ....

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