The Kuala Lumpur Tin Market (KLTM) spot contract closed up $50, or 0.8 percent, at $6,250 a tonne. It rose 1 percent on Friday. Volume fell to 30 tonnes from Friday's 100 tonnes.
The Malaysian market will be closed on Tuesday, On Thursday and Friday for religious festivals. "The market was helped by a small offer. Sellers were mostly sidelined, preferring to see how the LME would behave during the holidays here," said a trader. Dealers noted initial bids for 55 tonnes against offers for 23 tonnes.
At the close, Japanese buyers took 17 tonnes and Malaysians 13 tonnes. Three-month tin on the LME, which often provides price direction to Malaysian tin, rose $25 to $6,300 a tonne on Friday.
The $25 difference between the rise in Kuala Lumpur and London in turn widened the premium for shipping a tonne of Malaysian tin to Europe.
The premium, which takes into account freight, insurance and other costs, rose to $155 a tonne from Friday's $130.