Metal Bulletin global base metal premiums calculation

Metal Bulletin global base metal premiums calculation Metal Bulletin publishes base metal premiums on a daily basis. The following explains the premium calculation methodology.

Metal Bulletin global base metal premiums calculation Metal Bulletin publishes base metal premiums on a daily basis. The following explains the premium calculation methodology. Material and Market Specification 1) Grade A copper cathode that meets LME specifications: BS EN 1978:1998 (Cu-CATH-1) 2) Primary aluminium ingot to meet LME specifications: P1020A 3) Primary lead of 99.97% purity (minimum) to meet LME specifications: BS EN 12659:1999 4) Primary nickel of 99.80% purity to meet LME specifications: B39-79 (2008) 5) Primary zinc of 99.995% purity (minimum) to meet LME specifications: BS EN 1179:2003 Free market price denominated in US dollars In warehouse price, duty unpaid Spot business only, immediate shipment Price reporting – daily Each premium is location specific Methodology Metal Bulletin has unrivalled experience in the pricing of base metals and base metal premiums, and uses its extensive network of contacts and legal agreements to collect transaction information. The premium calculation methodology is an extension of the...

Published

January 01, 2012

10:40 GMT

London