Lme

As I recall in one LME presentation however, the full acceptance by the aluminum sector took over a decade or two to get into full swing.

A premium of $210 per ton for the three-month contract in London over the price in Shanghai throws a wrench in the works for importers.

These funds would let investors trade shares listed on a stock exchange and are backed by metal up to LME specifications.

In theory, it could be exported to the LME immediately, with the only restriction being the shipping time.

JH: The efforts and patience by the likes of the LME and CME in this regard have been commendable, it must be said.

But around 75 per cent of the LME's stock could be tied up in warehouses or financing deals, according to industry estimate.

About 70 percent of the stocks in LME warehouses -- 3. 15 million tonnes -- is thought to be tied up in financing deals until May 2010.

third, London Metal Exchange copper inventories have declined sharply, and falling inventory levels normally point to a market tightening.

As a result of recent complaints, the LME will require most warehouses to release more metal on a daily basis starting next April.

Warehouses like the one along the Detroit River hold about 1 million tons of aluminum, or almost 25% of the LME's stocks.

Physical stocks are low, with material on the London Metals Exchange at less than one week of western world demand.

In the London Metal Exchange (LME), result in the company of 41%, the decline in sales of aluminum 251 m aluminium prices, Constans.

The disagreement has made the London Metal Exchange a battleground in recent weeks, with prominent hedge funds on either side of the trade.

Banks (or speculators, depending on your bias) have tied up about 80 per cent of the LME-warehoused aluminium.

In Detroit, Goldman charges 41 cents per metric ton of aluminum per day, or about $150 a year, according to LME data.

The reduction in the stocks might imply a rise in Chinese imports sector, but it doesn't possibly signify a turnaround in its demand side.

Trading was thin with London Metal Exchange closed for a bank holiday - analyst.

Linear mixed-effects (LME) models and nonlinear mixed-effects (NLME) models are the two most popular examples .

The shrinking LME inventories, especially in warehouses in Asia, reflect the strong Chinese import-driven pull.

Recent news that China has been taking action against polluting metals smelters caused prices on the London Metals Exchange to soar.

J. P. Morgan is one of the LME's 12 so-called category one ring dealers.

requirement that the physical metal be delivered to approved LME warehouses.

Base metal prices on average have risen 72. 8 per cent since the start of the year, according to the London Metal Exchange.

However, Mr Greer does not use regulated metal markets such as the London Metal Exchange to hedge his risks to volatile metal prices.

The LME is enforcing its lending guidelines, said Stephen White, an exchange spokesman.

In New Orleans, warehouses owned by Goldman, J. P. Morgan, Glencore and Trafigura have accumulated 60% of all the LME's zinc stock.

Copper prices fell close to a two-week low of $4, 020 a tonne before recovering to $4, 098 in late trade on the London Metal Exchange.

A Goldman spokesman says its warehouse unit 'is fulfilling the LME's requirements. '

LME metal stocks represent a small portion of the global supply.

London Metal Exchange copper warehouse stocks off 475 tonnes at 113, 725 tonnes on Monday -- less than three days' of global consumption.

It is the intention of the LME to seek RIE authorisation for the new joint venture.

Nickel prices have risen by around 20 percent this year, making them the best performing LME metal.

While the LME introduced electronic trading in 2001, traders continue to use the ring as well.

On Friday, international benchmark U. S. crude and London copper hit their highest levels since 2008.

I've even got an optional regulated supply board for the LME section.

"We think LME warehouse stocks will follow (Shanghai stocks) before too long, " Graber said.

The LME plans to maintain its benchmark denominated in US dollars.

The LME last week said the buyer had bought between 50% and 80% of the exchange's copper.

On the London Metal Exchange, copper for delivery in three months rose to a 14-month high of $7, 170 a tonne.

There are 4. 6m tonnes of aluminium in LME-registered warehouses and by some estimates total global stocks could be in excess of 10m tonnes.

Zinc users are being charged about $165 a ton more than the LME trading price.

LME copper for three-month delivery MCU3 shed $106 by the close to end at $5, 879 a tonne.

The LME market has witnessed a scramble for metal in the past few days as traders seek to acquire physical metal from the exchange.

And copper futures on the LME are up 63% since February.

LME nickel stocks are currently near its highest level since May 1999 and stand at over 55, 470 tonnes -- suggesting a large surplus.

London Metal Exchange (LME) warehouse stocks added another 675 tonnes at 323, 225 tonnes on Wednesday.

London Metal Exchange copper warehouse stocks surged 10, 500 tonnes on Friday, bringing total inventory levels to 503, 950 tonnes.

Copper for three-month delivery on the London Metal Exchange fell $23 to $6, 152 a tonne.

The LME, considered the hub of base-metals trading, says it warehouses hold about 350, 000 tons of copper, down from 555, 000 in February.

London Metal Exchange copper warehouse stocks fell by 500 tonnes to 122, 075 tonnes on Monday.

Aluminum currently trades at $2, 486 a metric ton at LME.

However, stocks of copper in LME warehouses have climbed more than 30 percent to above 468, 000 tons since December 9.

London Metal Exchange (LME) warehouse stocks added another 3, 400 tonnes to 306, 350 tonnes on Thursday.

London Metal Exchange copper warehouse stocks jumped 2, 150 tonnes to 124, 325 tonnes on Wednesday.

LME lead and zinc prices have reacted, gaining 9. 6 per cent and 5. 9 per cent respectively over the past week.

On Friday, LME copper for delivery in three months MCU3 closed up $190 at $8, 410 a tonne.

London Metal Exchange (LME) warehouse stocks went up 1, 150 tonnes at 324, 375 tonnes on Thursday.

London Metal Exchange warehouse stocks down 3, 375 tonnes to 261, 975 tonnes on Thursday.

London Metal Exchange warehouse stocks fell by 2, 750 tonnes to 277, 600 tonnes on Monday.

LME copper for three-months delivery MCU3 closed down $35 at $4, 990 a tonne.

LME copper for three-month delivery MCU3 closed down $29 at $5, 980 a tonne.

The three-month copper price gained $135 to $5, 855 a tonne yesterday.

LME warehouse stocks jumped 2, 750 tonnes at 322, 550 tonnes on Tuesday.

BHP Billiton, the world's largest mining company, gained 2. 9 percent to 2, 350. 5 pence as copper led base metals higher on the LME.

Copper for three-month delivery on the LME has jumped 7. 2% to $8, 729. 5 a metric ton since Nov. 23, when the mystery buying came to light.

LME warehouse stocks have risen 84 per cent this year to a record of more than 5. 6m tonnes, valued at more than $14bn.

For example, LME's total aluminum stocks are about 4. 5 million tons, or about 10% of the world's annual supply.

For a graphic on Shanghai-LME arbitrage, click: here

The LME brokers that do majority of the fund business

Investigating the Casual Relationship of the Future Copper Price between LME and SHFE under the Interaction

total cargo value = LME Average Price x Cu% x X% x Total Dry Metric Tons

Funds Will Continue to Play a Prominent Role on the LME in the Future