London Metal Exchange Cobalt Price
Lme is now the world s leading market for non ferrous metals.
London metal exchange cobalt price. The prices discovered on our three trading platforms are used as the global reference price and both the metal and investment communities use the lme to transfer or take on risk 24 hours a day. The lme s three month cobalt contract settled at 40 000 per tonne 18 14 per lb on january 16. Cobalt futures are traded on the london metal exchange ticker symbol. History trading and cobalt pricing determination on the london metal exchange lme cobalt prices.
Cash three month and one forward december prompt. A total of 946 tonnes of cobalt metal is sitting in lme warehouses of which 707 tonnes is in the form of cut cathode. Cookie policy we use cookies for statistical and measurement purposes to help improve our website and provide you with a better online experience. 3 out to 6 months monthly.
Out to 3 months weekly. Lme prices are very important for companies who trade in these metals. London metal exchange pricing lme setting the global standard the london metal exchange was founded in the year 1877 but has a history from the year 1571. Lme aluminium alloy and lme nasaac.
Toronto on accesswire april 10 2019 anthony milewski chairman and ceo cobalt 27 capital corp. Fra 270 met with the london metal exchange s product development department to discuss. Cash three month and 15 month. Us dollars per metric tonne.
Investors have the opportunity to make bets because of the average 15 month contract period. Lme trading operations will calculate daily settlement values based on its published procedure. The monthly overview report provides a snapshot of key data relating to the lme s cobalt contract. 7 out to 15 months.
The london metal exchange is the world centre for industrial metals trading. Cobalt stocks are available in a wide range of options. Last lme business day of the contract month. The lme official settlement price is the price at which all lme futures are settled.