KUALA LUMPUR: The Kuala Lumpur Tin Market (KLTM) rose by US$300 to close at US$19,400 per tonne today on technical correction, a dealer said. He said the strong performance was also in tandem with gains by the metal on the London Metal Exchange, which rose by US$115 to US$19,365 per tonne. œTodays price was supported by low offerings. Demand came mostly from the European traders, followed by the Japanese and locals, he said. At the opening, bids amounted to 122 tonnes and offers totalled 15 tonnes. Turnover fell to 38 tonnes from 47 tonnes on Tuesday. The price differential between the KLTM and LME rose to a premium of US$385 a tonne from US$200 a tonne yesterday. “ Bernama
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