LME is the the London Metal Exchange. This is like the stock market where at the end of day there is a set price on various metals (copper, aluminum, gold)
the comex prices are in pounds and the lme prices are in tonne so u divide the lme price by 2240 to get the comex price
the comex prices are in pounds and the lme prices are in tonne so u divide the lme price by 2240 to get the comex price
Price /Quality: LME based as in the contract. LME CASH x % Cu x FACTOR% ( Paying Rate) x (1-H2O) = Price USD/DMT CFR ..... +28,00% : LME(Cash buyer) X Cu% ....% Factor X (1-moisture)/ DMT 25-27,99% : LME(Cash buyer) X Cu% ...% Factor X (1-moisture)/ DMT 23-24,99% : LME(Cash buyer) X Cu% .....% Factor X (1-moisture)/ DMT
London Metal Exchange Copper ore prices
the MWTP Is the LME plus a premium.
LME
divide by 2204.62262 (ie current LME Apr Cu $/t is 7760.3 and $/lb is 3.5200)
London Metal Exchange
LME stands for the London Metal exchange which is the world center for the metal trading industry. The London Metal market and exchange was founded in 1877!
It's about 10 USD per kg on the LME as of February 2011. That's about £6.30 per kg. For scrap prices, your looking at up to £5 per kg depending on the grade.
a horse or someone that is lazy. and a horse suffering from enphezema.
i dont but if you knowe tel lme