Malaysian tin retreated from a recent run-up to end 1.6 percent down on Wednesday after a $100 per tonne fall in London prices sparked selling by Asian producers.
The spot metal ended $100 lower at $6,270 a tonne after hitting a near 3-week high of $6,370 earlier this week. Dealers noted initial bids for just 15 tonnes against offers for 102 tonnes as miners braced for further falls in London.
Three-month tin on the London Metal Exchange, which often dictates Malaysian prices, lost $100 to $6,300 on Tuesday.
Volume was 65 tonnes, down from Tuesday's 100 tonnes. European and Japanese buyers each took 30 tonnes while Malaysians bought the remaining 5 tonnes. The premium for shipping a tonne of Malaysian tin to Europe - taking into account freight, insurance and other costs - was unchanged at $140.
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