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TIN PRICE LIKELY TO TRADE HIGHER NEXT WEEK.

BERNAMA The Malaysian National News Agency

| April 25, 2009 | COPYRIGHT 1999 Bernama - Malaysian National Agency. (Hide copyright information)Copyright

from BERNAMA, The Malaysian National News Agency KUALA LUMPUR, April 25 (Bernama) -- Tin price on the Kuala Lumpur Tin Market (KLTM) are expected to trade higher next week, backed by strong foreign buying, dealers said.

They said that demand from European and Japanese traders has been growing as the local tin price was still lower compared to those of other countries.

"There was a discount between the local tin price and that on the London Metal Exchange (LME). Next week, the local tin price is expected to trade between US$12,200 and US$12,400 per tonne," one of the dealers said.

During the week just …

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