TIN

THE Kuala Lumpur Tin Market (KLTM) finished lower by US$230 to US$19,500 a tonne yesterday, despite the higher tin price on the London Metal Exchange (LME), a dealer said. The LME tin price rose US$130 to US$19,775 a tonne.

“The local market was traded on a quiet note today as investors remained on the sidelines and adopted a wait-andsee approach.

“This followed US President Donald Trump’s decision to impose a new 10 per cent tariff on a list of US$200 billion worth of Chinese imports,” the dealer said.

At close, bids and offers stood at 35 tonnes and 30 tonnes respectively, while turnover increased to 30 tonnes from 24 tonnes on Tuesday.