LME launches consultation on changes to physical delivery network

The London Metal Exchange is consulting on changes to its physical delivery network and its warehouse agreement, the bourse said on Friday November 7.

“We are committed to providing an optimal physical delivery network for all our users and we encourage market participants to share their views,” Matthew Chamberlain, LME head of business development, said in a statement. On the LME aluminium alloy contracts, which have been hit by the queues in primary aluminium, the LME is planning to bring in more load-out requirements, both for LME Aluminium Alloy and LME NASAAC. “Warehouses will be required to load out an additional 500 tonnes of alloys...

Published

Claire Hack

November 07, 2014

16:14 GMT

London