• The Kuala Lumpur Tin Market (KLTM) was incorporated on June 28, 1984 as a company limited by guarantee pursuant to the Malaysian Companies Act, 1965. It opened for trading on October 1, 1986 replacing the 75-year-old Penang Physical Market. The KLTM is a physical tin market where buyers and sellers transact business directly.

    It originally adopted the open outcry system where buyers and sellers meet to transact business on the floor by open competitive trading, similar to the “Gold Fixing” system.

    However, since 17 September 2001, the KLTM has migrated to an on-line electronic trading to replace the open outcry trading system. The market starts daily at 10:30am, Malaysian time, where bids and offers are matched and balanced to arrive at an equilibrium price, electronically. Only trading members of the KLTM can trade on the exchange. 

    malaysia flag

  • The primary objective and function of the KLTM is the provision of facilities for the determination, on each business day, of a market price for newly refined tin of Malaysian and other acceptable origins, in accordance with the procedures as set out in the Rules, By-laws and Regulations of the KLTM. It also regulates dealings in the tin market so as to ensure that a fair and representative price is established and that all tin contracts are honored by the parties concerned. Basically, the KLTM price provides a reference point for buyers and sellers to transact their business on tin. 

    The detailed objectives, functions, activities and dealings of the KLTM are spelt out in the following documents:

    1. Memorandum and Articles of Association of the KLTM
    2. Rules of the KLTM
    3. The KLTM Manual of Trading Procedures
    4. KLTM Rules and Regulation on Electronic Trading
    5. KLTM Electronic Trading User Manual


    Membership of the KLTM is open to corporate bodies and firms, which are incorporated in Malaysia in accordance with the provisions of the Companies Act 1965, with a minimum paid-up capital of RM250,000.00. Any corporate body or firm, which by some reason of its domicile does not meet the requirements for membership, may be admitted at the discretion of the Board. There are two categories of membership namely, Ordinary and Associate Members.

    • Ordinary Members
    Comprise Trading and Non-trading Members. Trading Members can trade directly on the KLTM but required to deposit a RM1.0 million bank guarantee. Non-trading Members can only trade through Trading Members.

    • Associate Members

    Cannot trade on the KLTM but can do so through Trading Members

    Presently, there are 10 Ordinary members and 1 Associate member on the KLTM, namely:

    Ordinary Members

     1.  Malaysia Smelting Corporation Bhd (Trading member)
     2.  Toyota Tsusho (M) Sdn Bhd (Trading member)
     3.  RMT Metals Sdn Bhd (Non Trading member)
     4.  Bhatt Enterprise Sdn Bhd (Trading member)
     5.  P.T Timah TBK (Trading member)
     6.  A&M Group Limited (Trading member)
     7.  Rahman Hydraulic Tin Sdn Bhd (Non Trading member)
     8.  Yuntinic Resources Inc (Trading member).  
     9.  LG International (S'pore) Pte (Trading member)
    10. BTG Pactual Commodities (S'pore) Pte Ltd (Trading member) 

    Associate Member

    1. Hedd Industries (Malaysia) Sdn Bhd (Non Trading member)


    Ordinary Membership Fees
    Each member pays RM5,000 as entrance fee, and an annual subscription fee of RM5,000.

    Associated Membership Fees
    Each member pays RM2,000 as entrance fee, and an annual subscription fee of RM1,000.


    Dato' Seri Dr. Mohd. Ajib Hj. Anuar 
    Magic Mirror Consulting Sdn Bhd 
    Kuala Lumpur, Malaysia

    Dato' Abdul Malik Kadir 

    RMT Metals Sdn Bhd 
    Penang, Malaysia

    Dato' Seri Azizan bin Ahmad 
    Ministry of Natural Resources & Environment, 
    Putrajaya, Malaysia

    Mr. Chong Kah Yin 
    Toyota Tsusho (M) Sdn Bhd 
    Kuala Lumpur, Malaysia

    Mr. Chua Cheong Yong 
    Malaysia Smelting Corporation Bhd
    Penang, Malaysia

    Pak Agung Nugroho Soeratno 
    P.T Timah (Persero) TBK 
    Jakarta Indonesia


    Tn. Hj. Muhammad Nor Muhammad


Malaysia Smelting Corporation Berhad (Trading member)


The MSC Group is currently one of the world’s leading integrated producers of tin metal and tin based products and a global leader in custom tin smelting since 1887. In 2013, the Group produced 32,700 tonnes of tin metal maintaining its position as the second largest supplier of refined tin metal in the world. MSC is listed both on the Main Market of Bursa Malaysia since 15 December 1994 and the Main Board of Singapore Exchange (SGX-ST) since 27 January 2011, and is a subsidiary of SGX listed The Straits Trading Company Limited of Singapore.

With the Group’s core expertise and solid foundation of over a century of smelting excellence to its credit, the Group’s smelting facility in Butterworth operates one of the most cost efficient smelting plants in the world converting primary, secondary, and often complex tin bearing ores into high purity tin metal for industrial application. The plant has a current smelting capacity of approximately 35,000 tonnes of contained tin-in-concentrates a year and uses reverberatory furnace technology which is ideally suited for custom smelting. The smelting and refining operation has undergone significant technological, flow sheet and process changes and now has the capability of treating a wider variety of tin bearing materials as well as production of various high tin metal grades.

27, Jalan Pantai 12000 
Butterworth Malaysia 
Tel: 604-333 3500
Fax: 604-331 7405 
E-mail:  This email address is being protected from spambots. You need JavaScript enabled to view it.
B-15-11 Block B 
15th Floor, Unit 11 
Megan Avenue II
12, Jalan Yap Kwan Seng 
50450 Kuala Lumpur Malaysia   
Tel: 603-2166 9258 
Fax: 603-2166 9245
E-mail:  This email address is being protected from spambots. You need JavaScript enabled to view it.

Toyota Tsusho (M) Sdn Bhd (Trading member)


Toyota Tsusho (Malaysia) Sdn Bhd is a subsidiary company of Toyota Tsusho Corporation, Japan (TTC). It was established in 1970 as a joint-venture between TTC and local Malaysian partners.

The Company engages in import, export and domestic businesses involving a diverse range of products such as automotive, plastic, chemical, machinery, metals and also in investment holdings

TTC, was incorporated in 1948. It is a well established international trading company with head offices in Nagoya and Tokyo and operates through more than 936 companies in Japan and overseas with the latter scattered in approximately 74 countries worldwide. In Japan, TTC is listed on the Tokyo and Nagoya Stock Exchanges.

Room 1404, Wisma Lim Foo Yoong 
No.86, Jalan Raja Chulan
50200 Kuala Lumpur Malaysia 

Tel: 603-2142 3366
Fax: 603-21425809  

E-mail:  This email address is being protected from spambots. You need JavaScript enabled to view it.

RMT Metals Sdn Bhd (Non-Trading member)

Bhatt Enterprise Sdn Bhd (Trading member)

P.T Timah TBK (Trading member)


PT.TIMAH is a Limited Liability Company and was established on August 2nd, 1976. It is a State-Owned Enterprise engaged in tin mining and has been listed on Indonesia Stock Exchange since 1995.

The company’s scope of activity includes mining, industry, trading, transportation and services. The company’s main activity is as the holding company that performs tin mining operations and marketing services to their business groups. The company has several subsidiaries engaged in the workshop and shipbuilding, engineering services, tin mining, tin consulting and tin research services, as well as non-tin mining.

The company is in Pangkalpinang, Bangka Belitung province. Its operational areas are in Bangka Belitung Province, Riau Province, South Kalimantan, Southwest Sulawesi and Cilegon, Banten.

Jalan Jenderal Sudirman No. 51
Pangkalpinang, 33121 Bangka 

Tel: 62 71 7431335
Fax: 62 71 7432323
e-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.
website :

A&M Group Limited (Trading member)


A&M Minerals and Metals Ltd was incorporated in 1990 by founders who were formerly employed within the Lewis & Peat group of companies. Its main activities were established in the sourcing and supply of the more specialised minerals, intermediates and metals with an emphasis on electronic properties, high temperature (refractory) characteristics and other attributes associated with specific applications.

Interests have since progressively broadened to encompass a wide range of metallurgical and chemical raw materials, by-products, non-ferrous scraps, residues and wastes for downstream use, reclamation and recycling.

A&M is an Associate Trade Member of The London Metal Exchange and, as such, conforms to their strict financial regulations, and abides by the highest commercial ethics. A&M is also Members of :

- International Tungsten Industry Association.
- Tantalum-Niobium International Study Centre.

A&M trades a wide range of metallurgical raw materials. A&M source minerals world wide - toll convert concentrates and ship non-ferrous scrap and residues from one continent to another. The group also now encompasses a secondary iodide reprocessor, Thornton Processing Limited.

A&M Group Limited
Apex Yard,

29-35 Long Lane,
London, SE1 4PL
Tel: +44 (0)20 7940 0430
Fax: +44 (0)20 7403 3166
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

Rahman Hydraulic Tin Sdn. Bhd. (Non-Trading member)

Rahman Hydraulic Tin Sdn. Bhd. (RHT) was acquired by Malaysia Smelting Corporation Berhad (MSC) in November 2004. The Company operates in an open-pit eluvial tin mine. Extensive exploration works and improvements of milling/concentrator circuit and recovery operations have been undertaken since the takeover and today the Company is a sustainable and significant tin producer in Malaysia.

Rahman Hydraulic Tin Sdn. Bhd,
B-15-11, Megan Avenue II
12, Jalan Yap Kwan Seng

50450 Kuala Lumpur Malaysia

Tel: 603-21668057 
Fax: 603-21663057
E-mail:  This email address is being protected from spambots. You need JavaScript enabled to view it.

Yuntinic Resources, Inc. (Trading member)

Founded in 1994, Yuntinic Resources, Inc is a wholly-owned subsidiary of Yunnan Tin Co. Ltd. The company offers high quality Tin Metals and Tin Chemical products in Asia, Europe, and North America. Their products include ASTM Standard Grade A tin, low lead and ultra high purity tin, four nine tin (Sn99.99%), and five nine tin (Sn99.999%), as well as Organotin (Methyl tin Stabilizer) and other Inorganic tin Chemicals. 

Yunnan Tin Co., Ltd., is the company's parent company. It is the largest tin producer in the world, headquartered in Kunming, China. With over 130 years of experience, all its products are made and processed under strict quality control systems and use world-class technologies. Yunnan Tin’s management team is committed to deliver innovative, environmentally friendly and high quality products to the market place. Yunnan Tin is an ISO9001 and ISO14001 certified company. Over several decades, the “YT” brand has won many national and international awards and is well known in domestic and international markets. The “YT” brand is also listed on the London Metal Exchange.

Yuntinic Resources Inc.
2050 Pioneer Court, Suite 220,

San Mateo, California 94403,
United States of America. 

Phone: 650-312-9282 
Fax: 650-312-9286

LG International (Singapore) Pte. Ltd. (Trading member)

LG International (Singapore) Pte. Ltd deals in the trading of non-ferrous metal, building materials, steel and iron products, machinery, electric and electronic products, chemicals, agricultural and marine products, General merchandise of foodstuffs, grains and metals.

LG International (Singapore) Pte. Ltd 
8, Temasek Boulevard
#26-02 Suntec Tower Three
Singapore 038988

Tel:+65 63336089
Fax:+65 63336115

Hedd Industries (Malaysia) Sdn Bhd (Non-Trading member)

Hedd Industries (Malaysia) Sdn Bhd was incorporated in July 2001. The company provides project management consultation to Rahman Hydraulic Tin Sdn Bhd. The company also specialises in planning, identifying, exploring, preserving, developing and upgrading assets. It also provides management services related to administration business, commerce and industry.

Hedd Industries (Malaysia) Sdn Bhd
No. 7, Lebuh Lasam,
30450 Ipoh,
Perak Darul Ridzuan

Tel: +605 - 254 3388
Fax: +605 - 243 8833

BTG Pactual Commodities (Singapore) Pte. Ltd. (Trading member)

BTG Pactual Commodities (Singapore) Pte Ltd
Income At Raffles, Level 9
16 Collyer Quay, Singapore

Tel: +65 6718 6440
Fax: +65 67186490


Trading, Market Price and Price Limit


The KLTM trading session starts at 10.30 am local time daily, from Monday to Friday. No trading is conducted on designated market holidays. Proceedings in the market are under the control of the Call Chairman appointed by the Board. At the opening of the market, the Call Chairman commences proceedings by keying-in the first trying price for the day on the computer screen. He will ask for the tonnages of bids and offers from the trading members. The members will then key-in their bids and offers into the system. If the bids totaled up to within 5 tonnes of the tonnages offered, the trying price will be declared as the official tin price for the day, and the session deemed completed. If not, the process will be repeated at different trying prices until such an equilibrium is reached.


The market price on the KLTM is quoted in US Dollar per tonne.


The minimum permissible difference between successive trying price is one (1) US Dollar per tonne.

Contract Grade and Contract Unit


A Contract on the KLTM is for refined tin metal of ASTM Grade A specification B 339.93, with a minimum tin content of 99.85% Sn of any of the following brands which are currently approved by the Board of the KLTM:

  • MSC
  • Banka
  • Koba
  • Mentok
  • Thaisarco

The Board of KLTM may, from time to time, amend the list of approved brands.


Traded tin metal on the KLTM is in one (1) tonne or multiples thereof.

Payment Currency and Appropriation


The price set out in the KLTM contract note is in US Dollar. However, parties to such contract may make bilateral arrangement in respect of the currency to be used for payment, but will not form part of the contract note.


All trading in respect to sales and purchases of eligible tin metal by means of warrants must be delivered promptly. This means delivery must be within four (4) business days of the contract. Tin metal for deliveries by registered smelters are appropriated at the seller’s option within 45 days from the date of the contract. The sale of tin metal must be of approved brands or in the form of KLTM warehouse warrants approved by the Board, from time to time.

Delivery, Location and Market Levy


The KLTM is a physical market whereby delivery is in the form of physical tin metal if delivered by a registered smelter through a KLTM approved warehouse, or in the form of a warehouse warrant if delivered by any other members.


Location for delivery is at the option of the seller at a KLTM approved warehouse in Penang or Singapore or such other places as determined by the Board of the KLTM, from time to time.


All transactions on the KLTM are subjected to a market levy as fixed by the Board, from time to time. Such levy is payable by both buyers and sellers. The current levy structure is:

 KLTM Price Range Per Tonne  Market Levy Per Tonne
 From US$5,000 and below  US$2.00
 From US$5,001 to US$7,000  US$3.00
 From US$7,001 to US$9,000  US$4.00
From US$9,001 and above US$5.00


Ingot Shape, Weight and Trade Marks

Individual ingot weight is between 25kg – 50kg, and ingots must conform to dimensions and trade marks set-out in drawings lodged by registered smelters with the KLTM prior to the tin metal being traded on the KLTM. Where the tin skids used for making up bundles differ from the standard ingot, separate drawings for them are also registered with the KLTM

KLTM Warehouse

The currently approved KLTM warehouses are:

                                            • Malaysia Smelting Corporation Sdn. Bhd. (Warehousing)
    • 27 Jln Pantai 12000 Butterworth,
    • Penang, Malaysia
    • Phone : 604-333 3500
    • Fax     : 604-331 7405 / 332 6499
    • Email  : This email address is being protected from spambots. You need JavaScript enabled to view it.
    • C. Steinweg Warehousing (FE) Pte. Ltd.
    • 28 Jurong Port Road 
    • 619113 Singapore
    • Singapore 
    • Phone : +65-62670919
    • Fax     : +65-62660941
    • Email  : This email address is being protected from spambots. You need JavaScript enabled to view it.



About Tin

  • Tin is a silvery white metal with a specific gravity of 7.29 and a melting point of 232° C. It has a brilliant lustre and when polished, it has a high light reflectivity. The metal is highly resistant to corrosion and fatigue, and alloys well with many other metals particularly with copper (bronze) and lead (solder). Chemically, the most outstanding property of tin is its ability to resist attack by air and by many of the organic acids, including those found in food of various kinds.

    In brief, tin’s outstanding physical and chemical properties include corrosion resistance, non-toxicity, lubricity, malleability, alloyability with many metals, a low melting point, ductility, low coefficient of friction, solderbility, low vapour pressure, adaptability to compounding and processing, wetting and adhering potential and electrodeposition compatibility.

  • Traditional industrial uses of tin include tinplate, tin alloy coatings, tin alloys, solder, pewter and chemical compounds. While tinplate has remained as the ideal packaging material for food, the advent of the electronic age has spurred increase tin usage in solder products. With the change to lead free solder, this industrial use will become the single largest sector of tin consumption.

    In recent times, R&D has also created myriad uses of tin with focus on its environmentally friendly and non-toxic properties. In materials technology, tin is in various stages of replacing lead in tin shots, fishing and curtain weights, wine capsules, wheel weights and bullets. In coatings technology, environmentally friendly electroplating systems for tin and its alloys to provide superior corrosion protection and decorative finishes have been developed. In chemicals technology, tin based flame retardant synergists to replace antimony and bromine compounds are gaining worldwide acceptance.

Market Trend


Ministry of Natural Resources & Environment Malaysia

Department of Minerals & Geoscience

Malaysian Chamber of Mines

Malaysian Tin Product Manufacturers' Association


Terms of Use

  • By accessing and using this website you accept without limitation or qualification, all of these Terms and Conditions which take effect on the date which you first use this website. If these Terms and Conditions are not accepted in full, the use of this website must be terminated immediately. The KLTM reserves the right to change these Terms and Conditions at any time by posting changes online without prior notice.

    The KLTM reserves the right to forthwith modify, add, remove or amend any or all of the provisions herein or any or all of the contents or materials in the KLTM website at any time at its absolute discretion. You are responsible for reviewing regularly information posted online to obtain timely notice of such changes. Your continued use of this website following the postings of any changes to these Terms and Conditions constitute acceptance of those changes.