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the comex prices are in pounds and the lme prices are in tonne so u divide the lme price by 2240 to get the comex price
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∙ 15y ago
To 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.
How do you convert the copper price in Comex to the LME?
the comex prices are in pounds and the lme prices are in tonne so u divide the lme price by 2240 to get the comex price
What is price of scrap copper in Indiana?
As of June 2011 here are some general scrap copper prices: #1 Copper $3.15/lb #2 Copper $3.00/lb #1 Insulated Copper $1.90/lb #2 Insulated Copper $0.90/lb copper prices do fluctuate on a daily basis with the COMEX, LME and economic supply/demand so check prices often to ensure you are getting properly paid at the scrap yard.
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.
Current copper scrap metal prices?
Clean copper scrap is worth at least $3.00 per pound. It may be possible to get prices near $3.50 per pound in some areas. For more information, check out the How To in the related links. Copper scrap metal ranges from heavy buss bar and heavy clean cable (stripped large copper cable called bare brite) to computer wire and thin gauge copper wire with insulation. There is also copper piping and copper buss bar scrap copper. All command different prices at the local scrap yard. Prices are subject to change based upon supply and demand, Comex and LME prices. Check prices often to obtain the current and most competitive scrap copper prices.
What is the current price of scrap copper?
Scrap copper prices vary according to the grade of scrap copper (bare brite, #1, #2, etc.) as well as per supply and demand and the comex and spot market prices. Depending on quantity of material and your location in the world you can expect to get anywhere between 3 - $3.75 per pound of scrap copper. stripper clean scrap copper will get you the highest recycling prices.
What is the scrap price for copper?
For April 4 2012 here are some general scrap copper prices that will vary across regions #1 Bare Bright Wire $3.40 /lb. #1 Copper Tubing/Flashing $3.15 /lb. #2 Copper Tubing/Wire (Tin Coat) $2.90 /lb. #3 Roofing Copper $2.75 /lb. Brass $1.80 /lb. Ins. Copper Wire (Cat 5/6) $1.10 /lb. prices for scrap copper above are in USD per pound. Copper prices fluctuate on a daily basis. Check internet resources/websites for additional and daily prices. The price of scrap copper varies based on the comex and LME prices as well as general supply and demand. Note: scrap copper may be priced differently in different countries such as Shanghai China. Scrap copper prices also vary based on grade. Clean buss bar and stripped copper cable has more value then copper wire insulated
What is Lme price copper ore?
The LME (London Metal Exchange) price of copper ore is the current market price of copper ore per metric ton traded on the London Metal Exchange, which operates as a global commodity exchange for trading industrial metals. The price of copper ore can fluctuate based on supply and demand dynamics, global economic conditions, and geopolitical factors.
What is the price per pound of scrap copper wire in cincinatti Ohio?
Current prices of scrap metal prices for copper vary depending on grade (bare brite, #1, #2 etc.). No.1 heavy scrap copper is around $3.25 per lb whereas No.1 Bare Brite copper wire is around $3.33 per lb. (as of May 31, 2008) Updates Mid June 2011 - current copper prices are based upon Comex, LME and spot market prices which in turn are based on economic conditions. Of all the scrap metals, copper is one of the metal that recently is seeing significant fluctuations. Post of a price here would be obsolete within 24hrs. Best suggestion is to check various online sources then call your local scrap yard and compae what the yard is offering versus comex pricing to make sure you obtain best pricing. As far as copper wire, always strip the insulation off the copper cable or wire to get the highest scrap copper prices.
What is the current price of scrap aluminum in Ohio?
As of June 2011 - scrap aluminum prices in/near Michigan are Clean Aluminum Wheels$0.88 Unclean Al Wheels$0.73 Old Sheet Aluminum$0.63 Painted Aluminum$0.75 Cast Aluminum$0.63 Clip Aluminum$0.78 Extruded Aluminum$0.90 these prices are subject to change and you should call your scrap yard daily or check prices online
Gold price LME?
LME is the the London Metal Exchange. This is like the stock market where at the end of day there is a set price on various metals (copper, aluminum, gold)
How much is copper per pounds?
Copper scrap metal prices vary on a daily basis and also depends on the type of copper scrap (wire, prepared, etc.). As of May 28, 2009: #1 Heavy Scrap Copper is around $1.70 - $1.80 a pound , #1 Bare Copper Wire is upwards of $1.90 per pound, large electric motors are 20 - 40 cents per lb. As of December 3, 2010: the price of copper has been going from $2.90 a LB. to $3.00 a LB. As of June 29 2011 - copper hit a price of $4.21 per pound. Scrap dealers may pay $3.90+ for scrap copper based on that spot market price above. There are many sites online that publish current copper scrap prices and it is suggested you check these often in order to make sure you are getting proper price at the recycling yard.
What is MJP on LME?
Main Japan Port, based on qtl pulished Main Japan Port prices
