The Kuala Lumpur Tin Market (KLTM) spot contract closed down $20 at $6,230 a tonne. Volume fell to 27 tonnes from Monday's 30 tonnes. The market, which returned from a public holiday on Tuesday, will be closed again on Thursday and Friday for Eid-ul-Fitr holidays.
It will reopen on November 7. "We expect the market to remain within the $6,200-$6,400 range next week," said one trader. Dealers noted initial bids for 27 tonnes against offers for 47 tonnes.
At the close, Japanese buyers took 10 tonnes and Malaysians 17 tonnes.
Three-month tin on the London Metal Exchange, which often guides Malaysian prices, fell $50 to 6,250 a tonne on Monday.
The premium for shipping a tonne of Malaysian tin to Europe widened to $175 from $155. The premium takes into account freight, insurance and other costs.