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EzraTo convert copper prices from COMEX to LME, you can monitor the daily price differentials between the two exchanges. Due to variations in demand, supply, and other market factors, prices may differ. Use this differential to adjust the prices as needed for comparison and analysis.
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What is the difference between lme and non-lme registered copper?
LME (London Metal Exchange) registered copper refers to copper that meets the exchange's quality standards and is stored in LME-approved warehouses for trading. Non-LME registered copper may still meet industry standards but is not stored in LME-approved warehouses. The main difference lies in the storage location and the ability to trade on the LME platform.
Price of an ounce of copper?
Current LME prices (London Metal Exchange) as of January 2011 ar around 4.3-4.4 USD per pound. That works out to be around 27 US cents per oz. Current UK scrap prices are around £4000-5000 per tonne. With an exchange of 1.6 USD to the UK pound, that works out to be around 6400 - 8000 USD per tonne scrap price. Around 18 - 23 US cents per oz.
What is the price of scrap aluminium in the UK?
As of September 2021, the price of scrap aluminium in the UK is around £900 to £1000 per tonne. Prices can vary depending on factors such as market demand, quality of the scrap, and location. It's recommended to check with local scrap yards or online resources for the most up-to-date prices.
Who planted the first flag in the south pole?
The first confirmed person to plant a flag at the South Pole was Roald Amundsen, a Norwegian explorer, who reached the pole on December 14, 1911. Amundsen and his team were the first to successfully reach the South Pole during an expedition.
